Open Financial Technologies

Open Financial Technologies, known as OPEN, is India's largest connected finance platform for businesses and Asia's largest enterprise neobanking platform.

Founded in 2017 and headquartered in Bangalore, Karnataka, OPEN has achieved a valuation of over $1 billion, joining the Unicorn Club after raising $50 million in Series D funding in 2022. OPEN provides an AI-native financial operating layer that integrates banking, payments, accounting, and compliance into a single workspace. Its offerings include Open Money, a neobanking platform for SMEs and startups; Zwitch, a no-code embedded finance platform; and a digital banking operating system for financial institutions. The platform connects over 40 banks with a wide range of finance, tax, payroll, and business tools, serving more than 4 million businesses and finance teams. OPEN processes $35 billion in transactions annually and is expanding its reach into the US and UAE markets.