Insights

Strategic Partnerships Open Financial Technologies has strategically partnered with major banks like State Bank of India and Axis Bank to enhance their service offerings, presenting an opportunity for collaborative projects or cross-selling financial solutions.

Rapid Growth With a high growth rate of onboarding 50,000 new SMEs and startups monthly, leveraging Open's platform for lead generation and customer acquisition initiatives could drive sales growth for complementary services or solutions.

Tech Integration Open utilizes a diverse tech stack including Heap, Java, and Google Tag Manager, offering compatibility opportunities for tech products or services that can seamlessly integrate with their existing infrastructure.

Funding & Expansion Having secured $50M in funding and annual revenues in the $50M-$100M range, Open's financial stability and growth potential make them an attractive target for partnerships or sales engagements in the financial services sector.

Competitive Positioning In a market with players like SS&C Technologies and Mambu, leveraging Open's unique offerings for SMEs and startups can position your solutions in a competitive stance, especially if they complement Open's product suite.

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 FormatsExamplePercentage
first.last@bankopen.coJohn.Doe@bankopen.co
85%
first.l@bankopen.coJohn.D@bankopen.co
6%
first@bankopen.coJohn@bankopen.co
6%
first.middle@bankopen.coJohn.Michael@bankopen.co
2%
first.middlelast@bankopen.coJohn.MichaelDoe@bankopen.co
1%
fl@bankopen.coJD@bankopen.co
0%
middle@bankopen.coMichael@bankopen.co
0%

Frequently Asked Questions

Where is Open Financial Technologies's headquarters located?

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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?

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

How much revenue does Open Financial Technologies generate?

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

What is Open Financial Technologies's NAICS code?

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

How many employees does Open Financial Technologies have currently?

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As of June 2024, Open Financial Technologies has approximately 577 employees across 3 continents, including AsiaNorth AmericaEurope. Key team members include Vice President - Enterprise Banking Solutions & International Markets: S. R.Vice President Of Business Development: S. K. B.Vice President Of Customer Success: K. C. R. A.. Explore Open Financial Technologies's employee directory with LeadIQ.

What industry does Open Financial Technologies belong to?

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Open Financial Technologies operates in the Financial Services industry.

What technology does Open Financial Technologies use?

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

What is Open Financial Technologies's email format?

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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?

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

When was Open Financial Technologies founded?

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Open Financial Technologies was founded in 2017.
Open Financial Technologies

Open Financial Technologies

Financial ServicesKarnataka, India201-500 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.

Section iconCompany Overview

Headquarters
Bangalore, Karnataka 560035 IN
Website
open.money
NAICS Code
52 - Finance and Insurance
Founded
2017
Employees
201-500

Section iconFunding & 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.

  • $50M$100M

    Open Financial Technologies's revenue is in the range of $50M$100M

Section iconFunding & 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.

  • $50M$100M

    Open Financial Technologies's revenue is in the range of $50M$100M

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