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Strategic Partnerships Open Financial Technologies has established strategic partnerships with renowned banks like State Bank of India, Axis Bank, and SBM Bank India, creating opportunities for cross-selling services to their customer base.

Growing Market Presence With a rapidly growing user base of 35,00,000 SMEs and startups, Open Financial Technologies presents a substantial market for offering tailored financial solutions and expanding its services to a wider audience.

Tech Integration Flexibility Utilizing a diverse tech stack including Java, Appium, and SvelteKit, Open Financial Technologies offers flexibility in integrating with other tech platforms, making it an attractive choice for businesses seeking seamless technology solutions.

Financial Stability Despite recent layoffs, Open Financial Technologies' revenue of $50M - 100M and funding of $50M indicates financial stability, presenting a reliable partner for scalable financial services for potential clients.

Competitive Analysis Comparing to similar companies like Finastra, FIS Global, and Salesforce, Open Financial Technologies stands out with its focus on serving SMEs and startups, offering a niche market segment for sales growth and differentiation.

Similar companies to Open Financial Technologies

Open Financial Technologies Tech Stack

Open Financial Technologies uses 8 technology products and services including Heap, Atlassian, Jamf, and more. Explore Open Financial Technologies's tech stack below.

Heap
Analytics
Atlassian
Application Development & Management
Jamf
Enterprise Mobility Management
Java
Programming Languages
New Relic
Real User Monitoring
Google Tag Manager
Tag Management
Appium
Testing And Qa
SvelteKit
UI Frameworks

Media & News

Open Financial Technologies's Email Address Formats

Open Financial Technologies uses at least 2 format(s):

Open Financial Technologies Email Formats	Example	Percentage
First.Last@bankopen.co	John.Doe@bankopen.co	85%
First.L@bankopen.co	John.D@bankopen.co	6%
First@bankopen.co	John@bankopen.co	5%
First.Middle@bankopen.co	John.Michael@bankopen.co	3%
First.MiddleLast@bankopen.co	John.MichaelDoe@bankopen.co	1%

Frequently Asked Questions

Where is Open Financial Technologies's headquarters located?

Open Financial Technologies's main headquarters is located at Bangalore, Karnataka 560035 IN. The company has employees across 3 continents, including AsiaNorth AmericaEurope.

What is Open Financial Technologies's official website and social media links?

Open Financial Technologies's official website is open.money and has social profiles on LinkedIn.

How much revenue does Open Financial Technologies generate?

As of September 2024, Open Financial Technologies's annual revenue reached $75M.

What is Open Financial Technologies's NAICS code?

Open Financial Technologies's NAICS code is 52 - Finance and Insurance.

How many employees does Open Financial Technologies have currently?

As of September 2024, Open Financial Technologies has approximately 559 employees across 3 continents, including AsiaNorth AmericaEurope. Key team members include Vice President - Enterprise Banking Solutions & International Markets: S. R.Head Of Digital Marketing: N. P.Head Of Content And Growth: D. G.. Explore Open Financial Technologies's employee directory with LeadIQ.

What industry does Open Financial Technologies belong to?

Open Financial Technologies operates in the Financial Services industry.

What technology does Open Financial Technologies use?

Open Financial Technologies's tech stack includes HeapAtlassianJamfJavaNew RelicGoogle Tag ManagerAppiumSvelteKit.

What is Open Financial Technologies's email format?

Open Financial Technologies's email format typically follows the pattern of . Find more Open Financial Technologies email formats with LeadIQ.

How much funding has Open Financial Technologies raised to date?

As of September 2024, Open Financial Technologies has raised $50M in funding. The last funding round occurred on May 02, 2022 for $50M.

When was Open Financial Technologies founded?

Open Financial Technologies was founded in 2017.

Open Financial Technologies

Open Financial Technologies

Financial ServicesKarnataka, India501-1000 Employees

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 35,00,000 SMEs and process US $35 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.

Company Overview

Headquarters: Bangalore, Karnataka 560035 IN
Website: open.money
NAICS Code: 52 - Finance and Insurance
Founded: 2017
Employees: 501-1000

Media & News

Funding & Financials

$50M
Open Financial Technologies has raised a total of $50M of funding over 8 rounds. Their latest funding round was raised on May 02, 2022 in the amount of $50M.
$50M$100M
Open Financial Technologies's revenue is in the range of $50M$100M

Funding & Financials

$50M
Open Financial Technologies has raised a total of $50M of funding over 8 rounds. Their latest funding round was raised on May 02, 2022 in the amount of $50M.
$50M$100M
Open Financial Technologies's revenue is in the range of $50M$100M

Company Leadership

S. R.
Vice President - Enterprise Banking Solutions & International Markets
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N. P.
Head Of Digital Marketing
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D. G.
Head Of Content And Growth
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H. U.
Head - User Experience & Design
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U. B. R.
Head Of Talent Acquisition
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Employee Directory

S. R.
Vice President - Enterprise Banking Solutions & International Markets
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D. G.
Head Of Content And Growth
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A. D. A.
Vp & Head Of Legal
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D. D.
Vp
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H. S.
Assistant Vice President Banking Alliances
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