Open is a neo-banking platform for SMEs and startups that enables businesses to manage their finances effectively.

https://open.money

201-500 employees

Founded on 2017-05-01

Overview

News

Funding

Core Team

Tech Stack

FAQ

Smart Advisor

Overview

Open is Asia’s first neobanking platform for SMEs that is fast changing the way businesses bank & manage their finances. At Open, we help SMEs run everything right from their banking, payments to accounting, & expense management — together. This way they can focus on doing things that matter the most — grow their business. We’re home to some of the smartest & brightest 250+ minds in the fintech space. We’re a tight-knit tribe of creators and makers who are shaking up the way business banking rolls for over 10,00,000 businesses. We’re backed by some of the leading global VC firms like Tiger Global, Speedinvest, Beenext, AngelList, Recruit, Tanglin Venture Partners, 3one4 Capital, Unicorn India Ventures to name a few.

Sources

Vendor Management Best Practices: Leveraging AP Automation For Stronger Supplier Relationships

Struggling with manual reconciliation? Switch to automated reconciliation with OPEN for faster, error-free results!

We are proud to announce that our Co-Founder and CTO Ajeesh Achuthan has been featured in the 2024 HURUN INDIA Under35s List.

Growth Insight

Open Financial Technologies may be growing as indicated by the company's aim to achieve profitability within the next year and a half, as stated in a recent interview with its CEO. This goal suggests a positive trajectory in terms of revenue and financial stability. Furthermore, the company's inclusion in a list of startups with unicorn status in 2024 implies a significant valuation increase, typically associated with substantial growth in various business aspects such as funding, market share, and operational scale. The unicorn status is often a result of strong performance metrics and investor confidence, which are key indicators of a company's growth.