Fintech startup Open among the 8 Indian companies in KPMG Fintech100 Report

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  • The 2019 ‘Fintech 100’ list is prepared by KPMG and H2 Ventures 
  • Open is the only Indian neobanking platform in the list

Bangalore,  November 08, 2019 : Open, the fastest-growing SME neobanking service globally, has made it to the ‘Fintech 100’, a collaborative initiative undertaken by KPMG and H2 Ventures, which recognizes the best fintech innovators from around the world. Open is the only neobanking platform from India to be featured on this list, and one of eight Indian fintech companies beside Paytm, Ola Money, Policy Bazaar and LendingKart to be recognized.

The ‘Fintech 100’, currently in its sixth year, highlights truly innovative companies who are creating products and services at the juncture of technology and financial services. These companies are seeking to disrupt the existing processes and products that dominate the marketplace, with fintech companies from 36 countries featuring in this year’s list.

Mabel Chacko, Co-founder of Open, said: “This is a proud moment for us at Open and we are honoured to be among the eight Indian Fintechs on the KPMG Fintech100 list. It took us two years of hustle to reach the traction we see today with over 200,000 SMEs using our platform. This is just the beginning. We aim to have 10 lakh SMEs using Open by September 2020.”

Corporate Comm India(CCI Newswire)