Open

6 results about this entity

Period: 25 Jun 2019 - 19 Dec 2023

/payments

Open receives final approval from RBI to operate as a Payment Aggregator

OPEN, a leading fintech that offers an all-in-one finance platform for SMEs to automate their finances, is glad to announce the successful receipt of the Payment Aggregator/Payment Gateway (PA/PG) license from the regulatory authority, Reserve Bank of India (RBI).

/wholesale

Axis Bank teams with Open to launch digital-only current account for businesses

Axis Bank, India’s third largest private sector bank has partnered with the world’s fastest-growing digital banking enterprise, OPEN, to provide a fully native digital current account journey for its customers including SMEs, freelancers, homepreneurs, influencers and more.

/retail

SBM Bank India forms partnership with embedded finance platform Zwitch

SBM Bank India and OPEN Financial Technologies Pvt Ltd today announced a strategic partnership for launching Asia’s first end-to-end Embedded Finance platform- Zwitch- to offer a no-code, low-code and full-stack API solution that enables fintechs to build their own financial products using Zwitch’s technology stack, comprising of a drag-drop dashboard, low code plugins along with 300+ APIs.

/retail

Indian neobank Open hits unicorn status

Indian neobank Open has become a unicorn after securing $50 million in a Series D funding round led by investment firm IIFL.

Visa partners with fintech Open for SME business banking

Fintech start-up Open, which offers a business banking service for SMEs and start-ups in partnership with banks have announced a strategic partnership with Visa, the global leader in payments technology, to enhance their business banking proposition for SMEs. The partnership will enable Open to launch a suite of innovative products that include a business credit card for SMEs, payment gateway acquiring and real time payments.

Indian neobank Open raises $30m

Open, an Indian neo-banking startup targeting SMEs, is set to launch a "programmable" bank account after raising $30 million in a Series B funding round led by Tiger Global Management.