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Cleveland-based online revenue exchange that lets digital advertisers and publishers sell future ad revenue for upfront cash.
OAREX Capital Markets, Inc., founded in 2012 and headquartered in Cleveland, US, runs an online platform where clients sell future ad revenue payouts and receive payment daily, weekly or on demand. Customers such as publishers, app developers and media buyers can access up to 95% of pending cash flows without equity dilution, for a daily revenue share starting at 0.033%. Co-founders Gleisi Da Silva Piva Devides and Hanna Kassis lead the company. It raised USD 10 mn in venture debt led by Arena Investors on October 24, 2017.
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