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Bengaluru-based Open is Asia’s first neo-banking platform for SMEs and start-ups. It serves more than 2, 50,000 SMEs and processes $7 billion in transactions, annually. The platform on-boards 35,000 new SMEs and start-ups every month. It was featured among the top 100 fintech companies globally in 2019. Founded in 2017 by Anish and Mabel Chacko, OPEN is a neo-banking start-up that is focussed on small businesses, enabling them to manage cash flows, automate accounting and get easy access to credit line. Apart from enabling the businesses to run their finances effectively, the platform also offers APIs for developers to integrate banking and payments into their business workflows.
Legal Name
:
Open Financial Technologies Private Limited
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
Founding Date
:
May 2017
No. of Employees
:
251 to 500
Core Team
:
1.
Mabel Chacko
Co-Founder & Chief Operating Officer
2.
Anish Achuthan
Co-Founder & Chief Executive Officer
3.
Ajeesh Achuthan
Co-Founder & Chief Technology Officer
4.
Deena Jacob
Co-Founder & Chief Financial Officer
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Total Funding
$185.3M
Investors
:
1.
Amrish Rau
2.
Jitendra Gupta
3.
3one4 Capital
4.
ISME ACE - FinTech Accelerator
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$250k
Series Name
:
PRE-SERIES-A
Date
:
Jul 2017
Investors
:
1.
Amrish Rau
2.
Jitendra Gupta
Mobicule Technologies, the Mumbai-based BFSI fintech company specializing in full stack phygital debt collection and recovery platform, has been a trusted partner to India's banking and financial services sector for over 18 years. Incorporated in September 2008 and headquartered in Andheri, Mumbai, the company began as a pioneer in mobile field force technology, with some of the country's largest mobile field force deployments across sales and distribution, telecom, and BFSI. It has evolved over nearly two decades into a focused specialist, orchestrating complete debt recovery lifecycles from the first digital nudge to final legal resolution. Mobicule's approach centers on the ""phygital"" model, a deliberate blend of digital technology, human contact centre and field presence designed to make collections faster and fully compliant without eroding customer relationships.
Frequently Asked Questions
Mobicule Technologies, the Mumbai-based BFSI fintech company specializing in full stack phygital debt collection and recovery platform, has been a trusted partner to India's banking and financial services sector for over 18 years. Incorporated in September 2008 and headquartered in Andheri, Mumbai, the company began as a pioneer in mobile field force technology, with some of the country's largest mobile field force deployments across sales and distribution, telecom, and BFSI. It has evolved over nearly two decades into a focused specialist, orchestrating complete debt recovery lifecycles from the first digital nudge to final legal resolution. Mobicule's approach centers on the ""phygital"" model, a deliberate blend of digital technology, human contact centre and field presence designed to make collections faster and fully compliant without eroding customer relationships.
