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Engaged Employer
Open Financial Technologies Private Limited
3.3
based on 165 Reviews
Company Overview
Company Locations
Working at Open Financial Technologies Private Limited
Company Summary
Asia's first neobanking platform for SMEs, transforming business banking and financial management to enhance operational efficiency for companies.
Overall Rating
3.3/5
based on 165 reviews
11% below
industry average
Critically rated for
Promotions, Job security, Work satisfaction
Work Policy
Work from office
72% employees reported
Monday to Friday
86% employees reported
Flexible timing
56% employees reported
No travel
59% employees reported
View detailed work policy
Top Employees Benefits
Joining goodies
1 employee reported
Recreational activities
1 employee reported
Gifts on festivals
1 employee reported
Health insurance
1 employee reported
View all benefits
About Open Financial Technologies Private Limited
Founded in2017 (8 yrs old)
India Employee Count201-500
Global Employee Count201-500
India HeadquartersBangalore,Karnataka, India
Office Locations
Websiteopen.money
Primary Industry
Other Industries
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Open is Asia’s first neobanking platform for SMEs that is fast changing the way businesses bank & manage their finances.
At Open, we help SMEs run everything right from their banking, payments to accounting, & expense management — together. This way they can focus on doing things that matter the most — grow their business.
We’re home to some of the smartest & brightest 250+ minds in the fintech space. We’re a tight-knit tribe of creators and makers who are shaking up the way business banking rolls for over 10,00,000 businesses.
We’re backed by some of the leading global VC firms like Tiger Global, Speedinvest, Beenext, AngelList, Recruit, Tanglin Venture Partners, 3one4 Capital, Unicorn India Ventures to name a few.
At Open, we help SMEs run everything right from their banking, payments to accounting, & expense management — together. This way they can focus on doing things that matter the most — grow their business.
We’re home to some of the smartest & brightest 250+ minds in the fintech space. We’re a tight-knit tribe of creators and makers who are shaking up the way business banking rolls for over 10,00,000 businesses.
We’re backed by some of the leading global VC firms like Tiger Global, Speedinvest, Beenext, AngelList, Recruit, Tanglin Venture Partners, 3one4 Capital, Unicorn India Ventures to name a few.
Open Financial Technologies Private Limited Ratings
based on 165 reviews
Overall Rating
3.3/5
How AmbitionBox ratings work?
5
64
4
23
3
19
2
8
1
51
Category Ratings
3.6
Work-life balance
3.5
Salary
3.3
Company culture
3.1
Skill development
3.1
Work satisfaction
3.0
Job security
2.9
Promotions
Open Financial Technologies Private Limited is rated 3.3 out of 5 stars on AmbitionBox, based on 165 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Open Financial Technologies Private Limited
based on 156 reviews
3.2
Rated by 27 Women
Rated 3.3 for Work-life balance and 3.2 for Company culture
3.3
Rated by 129 Men
Rated 3.6 for Work-life balance and 3.6 for Salary
Work Policy at Open Financial Technologies Private Limited
based on 21 reviews in last 6 months
Work from office
72%
Hybrid
24%
Permanent work from home
4%
Open Financial Technologies Private Limited Reviews
Top mentions in Open Financial Technologies Private Limited Reviews
+ 5 more
Compare Open Financial Technologies Private Limited with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.3/5 based on 165 reviews | 3.6/5 based on 540 reviews | 3.7/5 based on 510 reviews | 3.7/5 based on 770 reviews |
Highly Rated for | No highly rated category | No highly rated category | Salary | No highly rated category |
Critically Rated for | Promotions Job security Skill development | Promotions Work satisfaction | Promotions | Job security Promotions |
Primary Work Policy | Work from office 72% employees reported | Work from office 53% employees reported | Work from office 63% employees reported | Work from office 67% employees reported |
Rating by Women Employees | 3.2 Average rated by 27 women | 3.4 Average rated by 124 women | 3.4 Average rated by 137 women | 3.8 Good rated by 105 women |
Rating by Men Employees | 3.3 Average rated by 129 men | 3.7 Good rated by 385 men | 3.9 Good rated by 343 men | 3.7 Good rated by 616 men |
Job security | 3.0 Average | 3.4 Average | 3.5 Good | 3.1 Average |
View more
Open Financial Technologies Private Limited Salaries
Open Financial Technologies Private Limited salaries have received with an average score of 3.5 out of 5 by 165 employees.
Software Engineer
(88 salaries)
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₹4.5 L/yr - ₹16.7 L/yr
Senior Software Engineer
(72 salaries)
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₹10.9 L/yr - ₹27 L/yr
Product Support Engineer
(24 salaries)
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₹1.5 L/yr - ₹10 L/yr
Business Development Specialist
(24 salaries)
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₹4 L/yr - ₹10.5 L/yr
Product Manager
(22 salaries)
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₹15 L/yr - ₹32 L/yr
Software Developer
(17 salaries)
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₹4.5 L/yr - ₹14 L/yr
Data Analyst
(16 salaries)
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₹4 L/yr - ₹12.3 L/yr
Lead Software Engineer
(13 salaries)
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₹24 L/yr - ₹48 L/yr
Senior QA Engineer
(13 salaries)
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₹14 L/yr - ₹22 L/yr
Business Development Manager
(12 salaries)
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₹5.3 L/yr - ₹16.1 L/yr
Open Financial Technologies Private Limited Interview Questions
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Open Financial Technologies Private Limited News
36 Women Entrepreneurs At The Helm Of Unicorns And Soonicorns In India
- The Indian startup ecosystem is seeing a rise in women entrepreneurs, with over 7,000 ventures being led by women.
- Startups led by women raised over $930 Mn from 136 deals by the end of 2024, showing a significant surge in funding.
- More than 73,000 startups in India have at least one woman director on the board, indicating increasing gender diversity.
- Government initiatives like offering term loans to first-time entrepreneurs aim to foster women entrepreneurship.
- Women founders like Falguni Nayar, Ruchi Deepak, and Ghazal Alagh have built unicorns in the Indian startup ecosystem.
- The contributions of women leaders in startups like INDmoney, Open Financial Technologies, BYJU’s, Nykaa, and Pristyn Care are celebrated.
- Noteworthy women entrepreneurs include founders of startups like Rivigo, Mamaearth, Square Yards, Upstox, and Pratilipi.
- These women leaders have made significant strides in various sectors like finance, healthcare, logistics, education, and technology.
- Their success stories showcase their entrepreneurial spirit, innovative ideas, and commitment to driving change in the industry.
- Women entrepreneurs like Swati Bhargava of CashKaro, Upasana Taku of MobiKwik, and Vineeta Singh of SUGAR Cosmetics are impacting the fintech and beauty sectors.
Inc42 | 8 Mar, 2025
Adriaan Mol, Mollie CEO Koen Köppen, and YC back this new AI startup: Know more
- Delaware-based AI customer support platform Open.cx has raised $1.52M in a pre-seed funding round.
- Funding was raised from Y Combinator, Spacetime, Koen Köppen, Pioneer Fund, and others.
- Open.cx aims to bridge the gap in customer support for high-volume businesses by using its AI agent.
- The funds will be used to develop the platform and expand the team to meet growing demand.
SiliconCanals | 13 Jan, 2025
Open Announces Launch of the WEBisOpen Point System To Catalyze AI Infrastructure
- Open has launched its WEBisOpen Point System to catalyze AI infrastructure.
- The core technology behind Open is the Open Virtual Machine (OVM), which bridges blockchain's immutability and decentralized compute.
- OVM enables compute-intensive applications like AI training and scientific simulations on-chain in a verifiable manner.
- Selected projects in the Open ecosystem can now earn $OPEN points through on-chain interactions.
Zycrypto | 8 Jan, 2025
Open Announces Merger of RSS3, RSSHub, and Key Initiatives, Marking a New Open Web Era
- Open has announced the merger of RSS3, RSSHub, and the Open Initiative to accelerate the development of the Open Web.
- The merger aims to enhance scalability, interoperability, and transparency of web applications, addressing the issues caused by centralization and isolation.
- Open's core innovations, Information Abstraction and Compute Abstraction, redefine data accessibility and computational power.
- The merger strengthens community synergies, fosters collaboration, and promotes transparency and decentralization within the Open ecosystem.
Crypto-News-Flash | 14 Nov, 2024
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Open Financial Technologies Private Limited FAQs
When was Open Financial Technologies Private Limited founded?
Open Financial Technologies Private Limited was founded in 2017. The company has been operating for 8 years primarily in the FinTech sector.
Where is the Open Financial Technologies Private Limited headquarters located?
Open Financial Technologies Private Limited is headquartered in Bangalore,Karnataka and has an office in Bangalore / Bengaluru
How many employees does Open Financial Technologies Private Limited have in India?
Open Financial Technologies Private Limited currently has more than 500+ employees in India. Engineering - Software & QA department appears to have the highest employee count in Open Financial Technologies Private Limited based on the number of reviews submitted on AmbitionBox.
Does Open Financial Technologies Private Limited have good work-life balance?
Open Financial Technologies Private Limited has a Work-Life Balance Rating of 3.6 out of 5 based on 100+ employee reviews on AmbitionBox. 53% employees rated Open Financial Technologies Private Limited 4 or above, while 47% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Open Financial Technologies Private Limited work-life balance reviews for more details
Is Open Financial Technologies Private Limited good for career growth?
Career growth at Open Financial Technologies Private Limited is rated as poor, with a promotions and appraisal rating of 2.9. 47% employees rated Open Financial Technologies Private Limited 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Open Financial Technologies Private Limited promotions/appraisals reviews for more detailed insights.
What are the cons of working in Open Financial Technologies Private Limited?
Working at Open Financial Technologies Private Limited does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, job security and work satisfaction, based on 100+ employee reviews on AmbitionBox.
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