Founded in 2017, OPEN is a business payments platform that empowers SMEs, startups and freelancers to manage everything from accounts payables, accounts receivables, to auto-reconciliation, accounting, expense management, compliance and payroll in one single platform. Today the platform powers more than 40 lakh SMEs and processes over USD 30 billion in annualized transactions. The platform also adds over 100,000 SMEs every month, making it the fastest-growing platform in this space globally.
In May 2022, OPEN raised its Series D round and became the 100th Unicorn from India. OPEN is backed by leading global investors like IIFL Finance, Temasek, Google, Visa, Tiger Global, Beenext, Recruit Strategic Partners, 3one4 Capital, Speedinvest, Tanglin Venture Partner Advisors, Angellist, Unicorn India Ventures, to name a few and has raised over USD190 million in funding to date.
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Overall, I highly recommend Open to fellow entrepreneurs and business owners. The platform offers a comprehensive set of features that streamlined my financial operations. Open provides tools for tracking expenses, invoicing clients, and managing cash flow. The user-friendly interface makes it easy to navigate and access the necessary information efficiently. The ability to connect multiple bank accounts and view consolidated financial data in one place has saved me a tremendous amount of time and effort. However, I do miss the founder's One Card, which was a valuable addition to the platform. I hope that Open considers relaunching it soon, as it provided convenience and enhanced control over business expenses.
I have been utilizing Open for my business transactions, and it has been an incredible experience. It seamlessly integrates with my existing systems, making the payment process straightforward. I feel extremely secure using it, and whenever I have had inquiries, their customer support has been exceptionally helpful. Open provides a variety of payment options, which has significantly contributed to the growth of my business. Overall, my experience with Open has been exceptional.
The open digital dashboard provides the summary of my account balances, payables, and receivables, making it easy to track my finances. Moreover, the beneficiary management feature simplifies handling recipients, ensuring seamless and efficient transactions. I enthusiastically recommend it to anyone seeking to streamline their financial management.
Based on our record, Setapp should be more popular than Open.money. It has been mentiond 9 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
Has anyone used open.money for banking purpose? Source: over 1 year ago
But developers can actually enlist their apps in both of these "stores" (setapp is subscription based) which probably increases their potential revenue. [0]: https://setapp.com/. - Source: Hacker News / 5 months ago
In a lot of neighborhoods that's exactly what it does. Also, you can shop for iOS apps in other places, like https://setapp.com/. - Source: Hacker News / 6 months ago
Https://setapp.com is one example of a service that does bundling, albeit by offering what seems to be the full features of many things for a single subscription price (instead of your thought of a subset of features). It's not clear to me whether all of the apps offered are subscription-based, though. It's a model I'd be more willing to try than subscriptions to individual apps, although its OS and app offerings... - Source: Hacker News / 10 months ago
I can't say that it's the best solution, but I use Nitro PDF from Setapp https://setapp.com/. Source: about 1 year ago
There's also Sizzy (https://sizzy.co). It's available standalone, but it's also included with a Setapp subscription (https://setapp.com — Mac app subscription service). - Source: Hacker News / over 1 year ago
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