Open is Asia’s first neobanking platform for SMEs and startups. We are on a mission to deliver a truly seamless business banking experience and make managing finances a breeze.
Powered by partner banks, Open offers a business account that let’s small business owners collect payments, auto-reconcile them, and make seamless payouts. We don’t stop with just that - we also offer additional tools designed exclusively for businesses, such as an integrated payment gateway, automated accounting and expense management.
Open has been revolutionizing the way SMEs and startups bank since 2017 and we currently serve more than 15,00,000 SMEs and process US $24 Billion in transactions annually. The platform onboards 50,000 new SMEs and startups every month.
We are growing at an incredible pace and are on the lookout for new and exciting talent to join the Open tribe.
Location: India, Karnataka, Bengaluru
Employees: 201-500
Founded date: 2017
Investors 3
Mentions in press and media 8
| Date | Title | Description | Source |
| 30.04.2024 | Groww receives RBI approval to operate as payment aggregator | Fintech unicorn Groww has received approval from the Reserve Bank of India to operate as a payment a... | entrackr.c... |
| 24.04.2024 | PayU to onboard new merchants as it gets PA license from RBI | PayU has received in-principle approval from The Reserve Bank of India (RBI) to operate as a payment... | entrackr.c... |
| 22.04.2024 | Neobanking Unicorn OPEN Spent INR 297 Cr To Clock INR 30 Cr ... | SUMMARY OPEN’s net loss declined 3% to INR 242.2 Cr in FY23 from INR 249.3 Cr in the previous fiscal... | inc42.com/... |
| 03.05.2022 | Bengaluru’s Open Financial Technologies Finalizes $50M Serie... | Open Financial Technologies has reportedly acquired $50 million in capital via a Series D funding ro... | crowdfundi... |
| 01.05.2022 | Google-backed neobank Open becomes unicorn with new funding | India has 100 unicorns now. The Bengaluru-headquartered neobank Open entered the coveted club on Mon... | techcrunch... |
| 28.04.2022 | $50m Temasek-backed round makes Indian neobank a unicorn | FintechInvestmentsNews Jenina Ibañez · 2d ago · 1 min read$50m Temasek-backed round makes Indian neo... | techinasia... |
| 14.12.2021 | Google-backed neobank Open acquires Finin for $10 million | Open has acquired consumer neobanking startup Finin for $10 million as the Bangalore-based, Google-b... | techcrunch... |
| 12.10.2021 | Google and Temasek back Indian neobank Open in $100 million ... | Google has invested in Bangalore-based Open, becoming the latest high-profile investor to back a neo... | techcrunch... |