Voice of FinTech®

In this episode, we speak to Vaibhav Garg, Head of Business Strategy for Open, an Indian SME-focused neobanking platform, that has partnered with leading banks in India. You will learn more about the scale of opportunity for cross-border payments in South East Asia, how FinTechs compete in the region, as well as opportunities and trends within the Southeast Asian FinTech scene.

Show Notes

In this episode of Voice of FinTech: Asia Pacific Series, Chia Jeng Yang, Principal of Saison Capital based in Singapore, speaks to Vaibhav Garg, Head of Business Strategy for Open, an Indian SME focused neobanking platform. Vaibhav is the Head of Business Strategy at Open and was a founder of multiple companies (Boro, Zopper and IndieHaat), ex-Dalberg Global Advisors consultant and an Indian Institute of Technology (IIT) Bombay graduate.

Open is an SME-focused business banking platform, founded by serial entrepreneurs Anish Achuthan, Mabel Chacko and Ajeesh Achuthan, along with ex TaxiforSure CFO Deena Jacob. 

Founded in 2017, Open is one of the world’s fastest-growing SME-focused business banking platforms with over 800,000 SMEs, processing over USD 24 billion in transaction processing volume annually and adding 50,000 new SMEs every month. Open is backed by leading global investors like Tiger Global, Speedinvest, Beenext, raising $37 million in funding, and was recently featured among the top 100 fintech companies globally in the 2019 Fintech 100 Report by KPMG and H2 Ventures.
 
We talk about:
  • Open and its founding story
  • Key events and nuances in the Indian fintech scene and how it compares to other FinTech markets
  • Opportunities in the SME open banking space
  • Regulatory oversight and its role in embedded finance
  • Overlooked factors for investing and building in India Fintech

What is Voice of FinTech®?

Aiming to inspire entrepreneurs around the world to launch their new ventures. Connect FinTech enthusiasts with start-ups, incubators, accelerators, investors and incumbents.