Open Financial Technologies | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Overview
Open Financial Technologies is an Indian fintech company founded in 2017 and headquartered in Bangalore. It provides a digital neo-banking platform tailored for small and medium enterprises, startups, freelancers, and accountants. The platform offers integrated tools for banking, payments, invoicing, accounting, payroll, expense management, and credit access to modernize business finance.
Following its Series D funding round in May 2022, Open Financial Technologies reached a valuation of $1 billion, having raised a total of $187.56 million. Serving approximately 3.5 million businesses and 65,000 accountants, the company processes over $30 billion in annual transactions. Its partnerships with 15 of the top 20 banks in India enable efficient and secure business payments, financial management, and embedded financing solutions.
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