IIFL Finance charts up neo-banking foray, makes Open unicorn with new investmentThe company issued a press statement later in the day saying it had become the 100th Indian unicorn, or those privately held companies with...
03 May, 2022, 10.46 AM IST
Neobank Open turns unicorn after $50 million funding led by IIFLOpen, going forward, will use the new capital and IIFL Finance’s strategic expertise to build out a lending business, people aware of the p...
02 May, 2022, 12.26 PM IST
Exclusive | Neobank Open expected to enter unicorn club with new funding of $100-150 millionGoogle-backed neobank Open is in advanced talks to close a new funding round of $100 million to $150 million at a post-money valuation of $...
23 Dec, 2021, 09.42 PM IST
Neobank Open acquires Finin in $10 million dealAccording to Open, the acquisition will also further enhance its no-code embedded finance platform Zwitch.
14 Dec, 2021, 07.22 PM IST
Fedo launches “Health Savings Account” in partnership with neo bank OpenFedo said that there is a very large and urgent need to simplify and bridge the financing gap between insurance policy coverage and hospita...
29 Nov, 2021, 09.07 AM IST
Neobanking startup Open raises $100 million from Temasek, Google, othersPost this funding, Open is now valued at $500 million compared to around $150 million in a previous funding round.
12 Oct, 2021, 05.28 PM IST
Open raises $100 million in Series C round led by Temasek, Google, othersOpen offers a neo-banking platform that integrates all the tools used by small businesses and integrates it with the business current accou...
12 Oct, 2021, 04.20 PM IST
ETtech Exclusive: Amazon, Google and Visa are 'Open' to neo-bankingCompany may raise $100-120 million in new round, valuation may jump three times.
08 Jun, 2021, 08.37 AM IST
Neobank Open acquires Optobizz in $5 million stock-plus-cash dealThe acquisition will add 800,000 SMEs to its user base, as well as 35 employees of Optobizz. Open will be setting up a development centre i...
18 Feb, 2021, 03.21 PM IST
Fintech startup Open to start lending next fiscal, expects uptick delay due to Covid-19Open’s app store currently has 10 apps, including ones for marketplace listings, tax filing, and bookkeeping. It plans to open up this app ...
25 Mar, 2020, 12.35 PM IST
Open partners with Visa to launch credit card for startups, SMEsOpen, founded in 2017, is solving business banking challenges by offering a platform that helps SMEs and startups automate and run their fi...
11 Nov, 2019, 04.27 PM IST
Open partners with Visa to enhance business banking for SMEsThe partnership with Visa will enable Open to enhance the Open API banking suite called Layer through new features like real time payments ...
30 Jul, 2019, 02.18 PM IST
Neo-banking startup, Open, to raise more fundingFunding taps are now open for a host of ventures from banking to used car sales and supply chain management firms
14 May, 2019, 08.17 AM IST
Unicorn India, Recruit fund fintech startup OpenExisting investors ISME-ACE, managed by the family office of Yes Bank chief Rana Kapoor’s daughters, and BetterCapital AngelList syndicate ...
17 May, 2018, 10.59 AM IST
PayU India CEO & MD invest $250k in fintech startup OpenThe capital will be used for branding and expansion of the 12-member team, said Anish Achuthan, who cofounded Open with his wife, Mabel Cha...
13 Jul, 2017, 10.42 AM IST
Citrus Payments acquires payments start-up ZwitchFounders of Zwitch have joined Citrus along with all the core members of the erstwhile Zwitch team. However, the terms of the acquisition w...
21 Oct, 2015, 06.55 PM IST
Citrus Payment Solutions acquires Bengaluru-based payment platform Zwitch for an undisclosed sumWhile the terms of the all-stock deal were not disclosed, the buyout will see Citrus Pay absorb Zwitch’s 10-member team, which will also re...
21 Oct, 2015, 04.00 AM IST