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Summary
location iconBangalore, British Indian Ocean Territory
website
company sizeCompany size: 201-500
total assetsTotal Assets: Up to $2B

Open is a digital banking platform based in Bangalore, India founded in 2017. Open offers a business banking solutions designed for small and medium businesses that features payments, accounting and expense management and APIs and tools to connect to other applications.

Categories
Commercial Banks
Digital Services
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Open - Recent News & Articles

Bonds crater, 10-year yield spikes briefly above 4.5% in confounding move that’s worrying Wall Street

The bond market — not a plunging stock market — is the talk of Wall Street with prices tumbling and yields spiking, unusual action during times when fears of a recession are growing where fixed income...

Source: CNBC

Global bond rout starting to sound market alarm bells

U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday in a sign that investors were dumping their safest assets as turmoil unleashed by U.S. tari...

Source: Reuters

Fitch cuts China's foreign currency rating on rising debt, weakening finances

Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt. The latest U.S. r...

Source: Reuters

JPMorgan becomes the first Wall Street bank to forecast a US recession following Trump's tariffs

JPMorgan believes the US economy will enter a recession in the back half of 2025 as the impact of President Trump tariffs takes hold in the economy. The firm's chief US economist Michael Feroli sees a...

Source: Yahoo Finance

Dow Opens Sharply Lower, Bonds Rally After China Retaliates Against Trump Tariffs

China lashed back at President Trump’s tariffs, applying 34% levies on all imported goods from the U.S. Beijing said the levies would come into effect next Thursday, the day after a big part of Trump’...

Source: Wall Street Journal

FinTech IPO Index Plunges 11.7% Amid Broad-Based Market Rout

There was nowhere to run this week for investors seeking to escape a market rout that came on like a tidal wave, crashing down Thursday. Tariffs, of course, dominated, and once they were real, as of W...

Source: PYMTS

Stablecoin operator Circle files for IPO as revenues jump to $1.7bn

Circle Internet, the US group behind the world’s second-largest stablecoin, has filed to list in New York, the first major cryptocurrency company to try for an initial public offering since President ...

Source: Financial Times

Australia central bank highlights global risks as it keeps rates steady at 4.1%

Inflation has stayed within the bank’s target range since August 2024, and prompted the RBA to cut rates in February. The central bank said it was “cautious” about its outlook, pointing out that recen...

Source: CNBC

The CFPB was on the brink of shutdown. Here’s what a judge’s temporary stay means for borrowers and consumers.

A federal judge is ordering the Trump administration to keep the lights on at the Consumer Financial Protection Bureau with an injunction that maintains the regulator’s operations and workforce — at l...

Source: MarketWatch

US stocks tumble as consumer gloom raises stagflation fears

Americans express rising alarm over economy and job prospects as Trump’s tariffs weigh on outlook. Wall Street stocks dropped on Friday as signs of strain among American consumers added to worries the...

Source: Financial Times