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Neobanking Startup Open Raises $100 Million From Temasek, Google, Others

Oct 12, 2021almost 4 years ago

Amount Raised

$100 Million

Bengaluru

Description

Bengaluru: Neobanking startup Open has raised $100 million in a funding round led by Singapore’s sovereign wealth fund Temasek, along with participation of new investor Google, card operator Visa and Japan's SBI Investment.

Company Information

Company

Open

Location

Bengaluru, Karnataka, India

About

Post this funding, Open is now valued at $500 million compared to around $150 million in a previous funding round. Open will also use the new capital to strengthen its leadership team and plans to hire around 800 people across functions like technology, product and business teams.

Funding Insights

Based on industry data
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