Neobank Open Gets RBI's In-Principle Approval For Payment Aggregator License
Neobank unicorn Open became the first neobank to receive in-principle approval from the RBI for the payment aggregator licence.
Source: inc42.com
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India's 16 Fintech Unicorns | Fintech Singapore
This week, Kerala-based fintech startup Open Financial Technologies reached a US$1 billion valuation after closing a US$50 million Series D funding round. The round took Open Financial Technologies to unicorn status, joining India’s other 15 billion dollar fintech startups.
Source: fintechnews.sg
Kerala-based 'Open Financial Technologies' becomes India's 100th unicorn
The startup, which is supported by the state government's Kerala Startup Mission (KSUM), has raised $50 million from Mumbai-headquartered IIFL Finance in its Series D funding round.
Source: businesstoday.in
Neobanking start-up Open is India's 100th unicorn with a $50 mn fund raise
Open said that it will utilise the funds for the launch of three new product offerings on SME lending
Source: businesstoday.in
India gets its 100th unicorn in Neobank platform 'Open'
Open caters to over 2.3 million SMEs, is processing $30 billion in annualised transactions.
Source: bgr.in