Features, Benefits and How it Works
Open Money is an Indian fintech company that provides digital banking solutions specifically designed to cater to small and medium-sized enterprises (SMEs), freelancers, and startups.
The platform is built to simplify business banking by offering a comprehensive suite of financial tools that integrate seamlessly with the daily operations of businesses. Open Money combines features such as digital accounts, invoicing, expense management, and automated accounting, allowing business owners to manage their finances more efficiently in a single, user-friendly platform.
Moreover, one of Open Money’s core offerings is its business current account, which allows SMEs and freelancers to manage transactions, receive payments, and make transfers without the complexities of traditional banking. The platform provides a seamless way to handle invoices, automate payment collections, and track expenses in real-time, helping businesses maintain better control over their cash flow.
Likewise, Open Money also offers corporate cards, which can be used by business owners and employees for managing expenses. These cards come with built-in expense tracking and real-time transaction alerts, allowing businesses to monitor spending and stay within their budgets.
Overall, Open Money is focused on providing transparency and efficiency to its users, offering its services with clear fee structures and no hidden costs. The platform is designed to support businesses of all sizes by providing them with the financial infrastructure needed to scale. With its commitment to innovation and simplicity, Open Money is transforming business banking in India.
Founded: 2017
Headquarters: Bangalore, India
Users: unknown
Countries available: India
Account plans: 5 plan options for businesses