Open news and trends

Corporate Gifting’s ROI Linked to Thoughtfulness and Joy, Not Spreadsheets
Retail // October 18, 2022

‘Tis the season for corporate gifting, and businesses large and small are, yet again, closing the books beneath a cloud of uncertainty as they make that annual decision concerning how best to say thank you to their most important customers, vendors and employees. The effort...

Digital Banking Platform Open Becomes India’s 100th Unicorn After Series D
Investments // May 02, 2022

Digital business banking startup Open announced Monday (May 2) that it had reached a $1 billion valuation following a Series D funding round. The valuation makes the Bangalore-based company — which bills itself as Asia’s first digital banking platform for small businesses, startups, and freelancers...

Indian Neobank Open Buys Finin for $10M
Partnerships / Acquisitions // December 14, 2021

On the heels of a recent $100 million fundraise, 4-year-old neobank Open has purchased India-based consumer-facing neobank Finin for $10 million, according to a Tuesday (Dec. 14) report from TechCrunch. The acquisition involves cash, as well as stock, according to the report. The purchase follows...

Visa Invests $5M Into Indian Neobank Open
Digital Banking // October 26, 2021

Visa has finished a $5 million investment in Open, part of the neobank’s Series C fundraise, according to unnamed sources speaking to Moneycontrol Monday (Oct. 25). On Oct. 12, Open said that it had raised $100 million led by Temasek, which included other investors like...

Quick Reads
Digital Banking Platform Open Becomes India’s 100th Unicorn After Series D

May 02, 2022
Digital business banking startup Open announced Monday (May 2) that it had reached a $1 billion valuation following a Series D funding round. The valuation makes the Bangalore-based company — which bills itself as Asia’s first digital banking platform for small businesses, startups, and freelancers — the 100th Indian company to become a “unicorn” (a […]

Indian Neobank Open Buys Finin for $10M

December 14, 2021
On the heels of a recent $100 million fundraise, 4-year-old neobank Open has purchased India-based consumer-facing neobank Finin for $10 million, according to a Tuesday (Dec. 14) report from TechCrunch....

Visa Invests $5M Into Indian Neobank Open

October 26, 2021
Visa has finished a $5 million investment in Open, part of the neobank’s Series C fundraise, according to unnamed sources speaking to Moneycontrol Monday (Oct. 25). On Oct. 12, Open...

SMB Digital Banking Startup Open Closes $100M Funding At $500M Valuation

October 12, 2021
Digital business banking startup Open raised $100 million in a funding round led by Temasek, with participation by existing investors Tiger Global and 3one4 Capital and new backers Google, Visa,...