Let’s face it – businesses in general, have taken a massive hit due to the outbreak of COVID-19. Though the global economy is starting to show signs of gradual recovery from this ‘virus slump’ – Read more…
Struggling to score funds for your business during these times? Don’t lose heart. Securing loans for small businesses has always been an uphill task and it has gotten a lot harder in these uncertain times. Read more…
Move over regular accounts – Virtual accounts are here and they’re here to stay! Also known as a ‘shadow account’, a virtual account is essentially a non-physical bank account that you can create and assign Read more…
If you are someone who follows the fintech space at close heels, you would have definitely noticed the buzz word ‘neo banks’. While they were pretty popular in the US and European markets, it’s only Read more…
Being a startup founder is not an easy feat. Especially when it comes to the never-ending battle of managing expenses. If you have been paying your company’s expenses from your personal credit card then you’d Read more…
Scoring powerful funding has always been a curveball for businesses, but to bank that in a pandemic is totally a different ball game. The economy is going through turbulence. And that has made the availability Read more…
*Team Building Activities* I’m just gonna leave that there. Did that make you cringe, shift a bit in your seat or maybe just roll your eyes? We get how team building activities often elicit resentment Read more…
Hands up if you love filling expenses. Anybody? I didn’t think so. Let’s face it – claiming expenses is no fun. In fact, the process of filing reimbursements manually is a nightmare. While employees & Read more…
Few things have shaken up the banking industry, the way API Banking has. According to the recent World Retail Banking report, close to 79% of businesses leverage API Banking to offer an enhanced customer experience. Read more…
Pivoting or making changes to your fundamental business philosophy, is not a new concept in business continuity plans. In fact, innovative pivoting at the right time has always been the key to success for many Read more…
We Never Settle – This is one of the mantras Openers live by. Helping SMEs, startups & freelancers to manage their business finances seamlessly is at the heart of what we do. Even if it Read more…
Whether you know it as bulk payments or mass payouts – they sure have been generating quite a buzz lately. Over the course of the past decade, popular tech companies have been battling churn rates Read more…
No one could have prepared for the COVID-19 outbreak. Period. Most business continuity plans fell flat in the first week of lockdown. Not even the Great recession could have prepped us for this global pandemic, that Read more…
Globally, the freelancer workforce is growing and how! With 81% of Indian workers moving into the gig economy in the last 5 years, India continues to be home to the second-largest market for freelance professionals. Read more…
In India, the market size for travel and expense management solutions aimed at SMEs and MSMEs alone approximately amounted to $1 Billion in 2018. A number that shouldn’t come as a shock as business trips Read more…
New Year itself has a very celebratory ring to it. Most people ring in the new year with ‘New year, New me’ pledges. But not everyone shares the same enthusiasm. While most of us go all Read more…
Isn’t it amazing that we can get everything right from a toothbrush to a dress delivered at our doorstep with a click? Today, digital penetration has truly empowered businesses to get onto the radar of Read more…
If you’re a freelancer you’d agree that being one can be as daunting as it’s rewarding. It’s like you are a one-man army, right? Right from finding a gig to taking care of your payments, Read more…
Banking-as-a-Service (BaaS) is all the rage in the fintech community today. And we at Open were super excited to join forces with MEDICI to launch the first-ever extensive report on BaaS at one of the Read more…
2020 is almost around the corner and we can’t keep calm! But first, let’s take a quick look down memory lane at the fantastic year that 2019 was – so much has happened over the Read more…
For the past few months, we’ve been sweating it out hard at Open HQ, prepping for one of the world’s largest Fintech events — the Singapore Fintech Festival. And what a great event it has been! 😍 Read more…
Ask any entrepreneur, and they’d tell you that a major challenge in bringing their startup idea to life is raising funds. Startup founders sweat it out time & again to create a killer pitch. And Read more…
Let’s face it, startups have it tough. We’re always in a race against time to crush those deadlines. And managing our business expenses by switching between multiple platforms becomes just another hurdle to cross. Though there Read more…
If you’re someone who follows the Indian fintech space at close heels, you must have definitely noticed the buzz around ‘Open banking’. So, what’s this hype all about? Open banking is a system where the Read more…
After hailing more rides on Uber than other public transports combined, I can’t imagine a time when Uber wasn’t around. How did nightlife thrive back then? I mean, how did the drunk ever even reach Read more…
If you are a budding entrepreneur trying your hand at business banking for the very first time, we totally feel you. Startup banking can drive anyone crazy, even the best of us. For the longest Read more…
Struggling with your freelance finances & got no time for your gigs? Neo banks like Open can help you reclaim the time you spend on your business finances.
If you look at the payments industry as a whole across the globe, it has evolved in the most fascinating way when compared to other industries. Back in the days, we relied on cash, cheques, Read more…
Being a finance professional, my training and instinct are in sync that the one true metric to measure your control efficiencies is the cash flow. Donning the hat of finance head for 3 high growth Read more…
It’s been a year since we started working towards Open. Being entrepreneurs we found business banking to be a frustrating experience for small businesses. One that drains them of their time and energy that they Read more…