Latka logo

How Open Finance CEO Anish Achuthan grew Open Finance to $75.9M revenue with a 458 person team in 2024.

OPEN offers a powerful suite of financial solutions to help businesses manage payments seamlessly with connected banking. We also provide additional tools for tax and compliance, cash flow insights, custom workflows on ERPs, access to capital, payroll management, and accounting. Since 2017, OPEN has been revolutionizing the way businesses handle their financial operations. Over 4 million businesses and finance teams trust OPEN to automate their finances. We are growing at an incredible pace and are on the lookout for new and exciting talent to join the OPEN tribe.

Last updated

Open Finance Revenue

In 2024, Open Finance's revenue reached $75.9M. The company previously reported $54.4M in 2022. Since its launch in 2017, Open Finance has shown consistent revenue growth.

Open Finance Revenue GrowthReported revenue / ARR by year$0$20M$40M$60M$80M20172018201920202021202220232024$0$54M$76MSource: GetLatka.com
YearMilestone
2024Open Finance Hit $75.9m revenue in October 2024
2022Open Finance Hit $54.4m revenue in May 2022
2017Launched with $0 revenue

Open Finance Valuation, Funding Rounds

Open Finance reached a $1B valuation in 2022, set during its Series D round.

Open Finance has raised $190.7M in total funding across 8 rounds, most recently a $50M Series D round in 2022.

Open Finance Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$250M$500M$750M$1B$1B2017201820192020202120222017 cumulative: $250K • 2017 Angel Round: $250K2017 cumulative: $400K • 2017 Angel Round: $250K • 2017 Pre Seed Round: $150K2018 cumulative: $2M • 2017 Angel Round: $250K • 2017 Pre Seed Round: $150K • 2018 Seed Round: $2M2019 cumulative: $7M • 2017 Angel Round: $250K • 2017 Pre Seed Round: $150K • 2018 Seed Round: $2M • 2019 Series A: $5M2019 cumulative: $37M • 2017 Angel Round: $250K • 2017 Pre Seed Round: $150K • 2018 Seed Round: $2M • 2019 Series A: $5M • 2019 Series B: $30M2021 cumulative: $41M • 2017 Angel Round: $250K • 2017 Pre Seed Round: $150K • 2018 Seed Round: $2M • 2019 Series A: $5M • 2019 Series B: $30M • 2021 Debt Financing: $3M2021 cumulative: $141M • 2017 Angel Round: $250K • 2017 Pre Seed Round: $150K • 2018 Seed Round: $2M • 2019 Series A: $5M • 2019 Series B: $30M • 2021 Debt Financing: $3M • 2021 Series C: $100M @ $500M valuation2022 cumulative: $191M • 2017 Angel Round: $250K • 2017 Pre Seed Round: $150K • 2018 Seed Round: $2M • 2019 Series A: $5M • 2019 Series B: $30M • 2021 Debt Financing: $3M • 2021 Series C: $100M @ $500M valuation • 2022 Series D: $50M @ $1B valuation$191M2021 Series C: $500M valuation$500M2022 Series D: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Series D$50M$1B5%
2021Series C$100M$500M20%
2021Debt Financing$3.3M--
2019Series B$30M--
2019Series A$5M--
2018Seed Round$2M--
2017Pre Seed Round$150K--
2017Angel Round$250K--

Open Finance Employees & Team Size

Open Finance employs approximately 458 people as of 2026, down from 544 in 2024.

Open Finance has 458 total employees in different roles and functions and 66 sales reps that carry a quota.

Open Finance Team GrowthReported headcount over time012525037550062520172018201920202021202220232024202500458458Source: GetLatka.com
YearMilestone
2025Reached 458 employees (December 2025)
2024Reached 544 employees (December 2024)
2024Reached 453 employees (October 2024)
2022Reached 453 employees (May 2022)

Founder / CEO

Anish Achuthan

Anish Achuthan is the CEO and co-founder at OPEN.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Open Finance yet.

Frequently Asked Questions about Open Finance

What is Open Finance's revenue?

Open Finance generates $75.9M in revenue.

Who founded Open Finance?

Open Finance was founded by Anish Achuthan.

Who is the CEO of Open Finance?

The CEO of Open Finance is Anish Achuthan.

How much funding does Open Finance have?

Open Finance raised $190.7M.

How many employees does Open Finance have?

Open Finance has 458 employees.

Where is Open Finance headquarters?

Open Finance is headquartered in Bengaluru, India.

People Also Viewed

ComplianceQuest logo

ComplianceQuest

Next-generation AI-powered product lifecycle, quality and safety management platform built on Salesforce

Zinrelo logo

Zinrelo

Zinrelo is a 360 degree loyalty rewards and referral marketing platform that delivers 2.4X per customer revenue, 80% more repeat purchases. Demo available.

Slimstock logo

Slimstock

Slimstock empowers supply chains to operate smarter and faster, driving profitability and efficiency. For over 30 years, we've been dedicated to helping businesses make better supply chain decisions. Our AI-driven platform, Slim4, offers an integrated solution to revolutionise your approach to S&OE, S&OP, and IBP. Trusted by thousands of users worldwide, our platform underpins the people & processes throughout your supply chain to help you boost profitability, increase efficiency, & eliminate waste. Our platform supports every aspect of supply chain management, from demand planning and inventory optimization to portfolio management and replenishment. With Slim4, your teams gain the tools to reduce costs, improve customer satisfaction, and streamline operations. With the combination of our award-winning Slim4 platform and our dedicated global team of consultants and experts, more than 1.500 customers rely on us daily to make impactful, data-driven decisions that strengthen their supply chains.

HST logo

HST

A HST é líder em tecnologia de informação para o ecossistema de pagamentos, fornecendo soluções completas para os setores financeiro (incluindo o novo segmento de fintechs) e varejo. Suas soluções tornam as transações eletrônicas mais seguras nos ambientes físico e digital, o que permite que emissores e bandeiras de cartões, além de adquirentes, proporcionem aos clientes finais segurança e fluidez nas transações. Com mais de 30 anos de mercado, a HST ofereçe soluções para emissão e tokenização de cartões, segurança nas transações de e-commerce, gerenciamento de terminais (ATMs) e validação de transações eletrônicas. As tecnologias da HST atendem aos mais exigentes padrões definidos pelos principais selos e comitês do setor, como PCI e EMVCo. Sediada no Brasil e nos Estados Unidos, a empresa está presente em 18 países, em três continentes.

Voosh logo

Voosh

Making Restaurants more data-driven!

Bloom Nutrition logo

Bloom Nutrition

Bloom Nutrition specializes in the sales of gym supplements for women, offering a range of high-quality, delicious health supplements designed to help everyone bloom into their best selves.

Compare Open Finance to the industry

Open Finance operates across multiple industries. Browse revenue, funding, and growth data for Open Finance in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Open Finance Revenue 2024: $75.9M ARR, $1B Valuation