About
Basic Data Updated:
1 month agoIncorporated in 2017, Open Financial Technologies Private Limited is a company that specializes in developing and providing an innovative online platform for banking and intercompany settlement. This platform offers a range of digital banking services specifically designed for startups and small to medium enterprises. These services include the provision of digital bank accounts, complete with a current account that is equipped with various tools for bookkeeping, invoicing, fund transfers, and credit access. One of the key features of Open Financial Technologies Private Limited is its application programming interface platform. This platform allows financial institutions to seamlessly integrate banking and payment services into their own applications and accounting systems. This not only... Read More
Industry
Company Details
- Location
Malappuram, Kerala, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | U67200KA2017PTC166507 |
| Company No. | 054626 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 19 May 2017 |
| Date of AGM | 30 Sep 2022 |
| Date of Balance Sheet | 31 Mar 2022 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
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Financials of Open Financial Technologies Private Limited
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Corporate Structure
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People in Open Financial Technologies Private Limited
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Executive Team (2)
Deena Jacob
CFOAppointment Date: 15-May-2018
Status: Current
AA
Anish Achuthan CEOAppointment Date: 15-May-2018
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 17 Nov 2021 | ₹1.09 Cr | Open |
Others Creation Date: 17 May 2021 | ₹44.00 Cr | Open |
Hdfc Bank Limited Creation Date: 21 Nov 2022 | ₹9.47 M | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Temasek Holdings Advisors India Private Limited
Active
23 years 5 months Mohit Bhandari is a mutual person
Dinero Innovations Private Limited
Active 4 years 11 months Mabel Chacko and Deena Jacob are mutual person
Iifl Open Fintech Private Limited
Active 1 year 11 months Anish Achuthan, Deena Jacob and 1 more are mutual person
Recent activity within the organization
Charges
A charge registered on 21 Nov 2022 via Charge ID 100670181 with Hdfc Bank Limited was fully satisfied on 18 Feb 2024.
18 Feb 2024Charges
A charge with Hdfc Bank Limited amounted to Rs. 94.69 Lakh with Charge ID 100670181 was registered on 21 Nov 2022.
21 Nov 2022Annual General Meeting
Open Financial Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
30 Sep 2022Director Appointment
Mohit Naresh Bhandari was appointed as a Nominee Director was appointed as a Nominee Director on 04 Apr 2022 & has been associated with this company since 2 years 1 month .
04 Apr 2022Balance Sheet
Open Financial Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
31 Mar 2022
Recent News, Updates & Announcement
OpenMoney deal with Octopus Money to end months of chaos at Manchester fintech.TheBusinessDesk 24 Oct 2023
- Manchester fintech firms find new home at the Chamber.
Bdaily 23 Jun 2023
- Open Money to be reinvented as buy and build wealth management business.
TheBusinessDesk 03 May 2023
- Indian fintech unicorn Open cuts about 50 roles amid financial crunch.
Open a neobank platform based in India has reportedly let go of around 50 employees and made a 50 cut to its foundersx27 salaries in a bid to cut costs and improve the companyx27s financial runway according to a report by Entrackr Per the report this move comes amidst a slow funding period which has resulted in several fintech companies resorting to layoffs The neobank which became the 100th unicorn from India after raising 50 million a figure lesser than it had planned in its Series.
Techloy 20 Apr 2023
Frequently asked questions
What is the Incorporation or founding date of Open Financial Technologies Private Limited?
