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Neobanking Unicorn Open s FY22 Loss Widens 155% YoY To INR 167 Cr, Operating Revenue Up 7X

Neobanking Unicorn Open s FY22 Loss Widens 155% YoY To INR 167 Cr, Operating Revenue Up 7X
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Neobank Open Gets RBI s In-Principle Approval For Payment Aggregator License

Neobank unicorn Open became the first neobank to receive in-principle approval from the RBI for the payment aggregator licence.

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India s 16 Fintech Unicorns | Fintech Singapore

This week, Kerala-based fintech startup Open Financial Technologies reached a US$1 billion valuation after closing a US$50 million Series D funding round. The round took Open Financial Technologies to unicorn status, joining India’s other 15 billion dollar fintech startups.

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Kerala-based Open Financial Technologies becomes India s 100th unicorn

The startup, which is supported by the state government's Kerala Startup Mission (KSUM), has raised $50 million from Mumbai-headquartered IIFL Finance in its Series D funding round.

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Neobanking start-up Open is India s 100th unicorn with a $50 mn fund raise

Open said that it will utilise the funds for the launch of three new product offerings on SME lending

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