Open Financial Technologies Pvt.

Financial ServicesSeries DBangalore, Indiaopen.money

See the investors Find investors for my raise

Latest round: Series D
Last raised: May 2022
Total raised: $245M
Investors: 13

About Open Financial Technologies Pvt.

Based in Bangalore, India, and founded in 2017, Open Financial Technologies Pvt. Ltd. provides an online platform for banking and intercompany settlement. The company was co-founded by Ajeesh Achuthan, Anish Achuthan, Deena Jacon, and Mabel Chacko, and as of September 2021, Open Financial claims to work with 450,000 SME’s and process transactions worth USD 11 billion. In October 2021, Open Financial Technologies Pvt. Ltd. The company engages in the development of financial automation solutions for small businesses. Its solutions automate the banking, invoicing, and bookkeeping of the business. The company's business banking features include a business current account, an integrated payment gateway, automated accounting, multi-bank connect, MasterCard spend cards, and developer application programming interfaces (APIs). It allows users to manage their invoices, payouts, payroll and accounting in one place. It also automatically reconciles bank transfers, cash, and cheque payments. The company generates revenue by selling its products on a subscription basis.

Who invested in Open Financial Technologies Pvt.

13 investors across 7 rounds

See all investors in Open Financial Technologies Pvt.

Funding rounds

Series D
May 2, 2022
Amount
$50M
Investors
Locked
Series C
Oct 12, 2021
Amount
$100M
Investors
Locked
Series C
Sep 22, 2021
Amount
$62M
Investors
Locked
Series B
Jul 2, 2019
Amount
$27M
Investors
Locked
Series A
Feb 6, 2019
Amount
$4.5M
Investors
Locked
Seed
May 17, 2018
Amount
$2M
Investors
Locked
Seed
Oct 30, 2017
Amount
$0.1M
Investors
Locked

Questions about Open Financial Technologies Pvt.

Who invested in Open Financial Technologies Pvt.?

Open Financial Technologies Pvt. has 13 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Open Financial Technologies Pvt. raised?

Open Financial Technologies Pvt. has raised 7 venture rounds. Sign up free to see how much each round raised and the total.

When did Open Financial Technologies Pvt. last raise money?

Open Financial Technologies Pvt.'s most recent round on record is a Series D, in May 2022.

What does Open Financial Technologies Pvt. do?

Based in Bangalore, India, and founded in 2017, Open Financial Technologies Pvt.

Where is Open Financial Technologies Pvt. headquartered?

Open Financial Technologies Pvt. is headquartered in Bangalore, India.

Which VCs invest in companies like Open Financial Technologies Pvt.?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Open Financial Technologies Pvt.'s stage. Their profiles are linked below.

VCs backing financial services startups at Series D

ICBC Capital ManagementChina · Cheque $661.4K–$21.4M$4B dry powder China Life CapitalChina · Cheque $9.3M–$61.4M$3B dry powder GoHigh CapitalChina · Cheque $100K–$42.3M$2.3B dry powder ABQH Shenzhen Investment Fund ManagementChina · Cheque $1.1M–$12.5M$1.2B dry powder 360 ONEIndia · Cheque $695.9K–$10.3M$821.6M dry powder Shandong Finance Investment GroupChina · Cheque $470.4K–$2.7M$820.5M dry powder

Raising like Open Financial Technologies Pvt.? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.