Friday, 24 March, 2023

Banking platform Open raises $100M in new funding round

<p>Neo-banking platform Open has announced that it has raised $100M in a funding round. The round was led by Singaporean Temasek, while Google and Japanese SBI Investment also participated along with existing investors Tiger Global and 3one4 Capital. The new funds will be used to strengthen their position in the neo-banking market, and to develop new products like their accelerated banking platform Zwitch and cloud platform BankingStack.</p> <p>&nbsp;</p>