Mabel Chacko, Co-founder, Open wins ‘Woman Leader in Fintech’ award at India Fintech Awards 2019

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Bangalore, December 20, 2019: Mabel Chacko, co-founder, and COO of Open, Asia’s largest growing neobanking platform for SMEs and startups has won the ‘Woman Leader in Fintech’ award at India Fitench Awards 2019 (IFTA) organized by the National Payments Corporation of India (NCPI) and the Fintech Forum. The award recognizes Ms. Chacko’s leadership position and her contributions to the fintech space.

As part of the award, 23 fintech start-ups from the US, Hungary, New Zealand, Israel, and Singapore were shortlisted from 400+ applications and had to present their product innovations in front of a panel of judges.

On being presented with the award, Ms. Chacko said, “I am honored to win the Woman Leader in Fintech award at IFTA 2019. A lot of great conversations happened during India Fintech Awards that brought together different perspectives on all the latest developments in fintech.”

Founded in 2017, Open recently received USD 30 million in a Series B round, led by Tiger Global Management and Tanglin Venture Partners Advisors. The Open platform today has already grown to over 250,000 SMEs and processing over USD 7 billion in annualized transactions. The platform also adds over 35,000 SMEs every month, making it the fastest-growing SME focused neobanking service globally.

Corporate Comm India (CCI Newswire)