Business credit card for startups! Manage your subscriptions and expenses better, check all details here
Fintech startup, Open has announced a partnership with Visa to launch ‘Founders Card’, a Business credit card that will enable startups and SMEs to seamlessly manage expenses and vendor payouts.
Fintech startup, Open has announced a partnership with Visa to launch ‘Founders Card’, a Business credit card that will enable startups and SMEs to seamlessly manage expenses and vendor payouts. Open offers a business banking platform for small businesses. The cards comes integrated with tools like expense management and subscription management that will help business owners and finance teams manage subscriptions and expenses better. The card also comes with an exclusive rewards program designed specifically for startups and small businesses.
Founded in 2017, Open solves business banking challenges by offering a business banking platform which helps SMEs and startups automate and run their finances effectively. The company provides all the tools that help businesses send and receive payments combined with the automated bookkeeping tool to integrate banking into their business workflows.
Commenting on this announcement, Anish Achuthan, Co-founder & CEO, Open said, “SMEs and startups are growing at a tremendous pace in the Southeast Asia. We’ve announced this at a time when it is the need of the hour for businesses who depend a lot on online tools that accept only credit cards. This partnership is a boost for Open as we look to expand our customer base to other markets in the Asia-Pacific Region, United States and the Middle East in the coming months.”
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The Open platform today has already grown to over 200,000 SMEs and processing over USD 6.5 billion in transactions. The platform also adds over 35,000 SMEs every month, making it the fastest growing SME focused business banking platform globally.