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India's open “neo-bank”raised $30 million to help businesses to become automated

Nabanita Dutta

News Editor
Image Credit: shortpedia

Open is a Bangalore based startup that operates India's first “neo-bank.” It has raised $30 million in a funding round to help businesses automate and run their finances. Open offers nearly all the features of the bank with additional tools to serve the needs of any business. It lets the businesses track each of their transactions along with other features that the traditional banks often forget to address.