Open funding, investors and company details

Open is an emerging Financial Services - Fintech startup from Bengaluru, working in the space of Open Financial Technologies Private Limited operates in the fintech industry, specifically digital banking and SaaS financial services.. Founded by Anish Achuthan, Ajeesh Achuthan, Mabel Chacko, Deena Jacob.

Company: OPEN FINANCIAL TECHNOLOGIES PRIVATE LIMITED
Sector: Financial Services - Fintech
Location: Bengaluru
Founders: Anish Achuthan, Ajeesh Achuthan, Mabel Chacko, Deena Jacob
Total funding raised: ₹387.85 Cr

Company overview

Open Financial Technologies Private Limited is a Bengaluru-based fintech unicorn providing a SaaS-based digital banking platform for SMEs, startups, and businesses, focusing on payments, accounting, and financial management.Open aims to modernize business finance by delivering seamless connected banking, automating payments, reconciliation, GST invoicing, expense management, and compliance—enabling SMEs to manage cash flow, payouts, and growth without traditional banking hassles. It focuses on API-driven digital solutions for payments, accounting, and capital access in partnership with banks and fintechs.

Funding rounds

Latest round: $ 50.00 Mn (₹387.85 Cr.), 2022-05-02. Investors: IIFL Fintech Fund, Temasek, Tiger Global, 3one4 Capital