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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.
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.