Software Alternatives & Reviews

Open.money VS Stripe

Compare Open.money VS Stripe and see what are their differences

Open.money logo Open.money

Open is a connected banking platform for business payments that simplifies the process of sending, receiving, and reconciling payments for businesses.

Stripe logo Stripe

Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.
  • Open.money Landing page
    Landing page //
    2023-09-18

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.

  • Stripe Landing page
    Landing page //
    2023-10-20

Open.money

Categories
  • Financial Technology
  • Accounting & Finance
  • Expense Management
  • Recurring Billing And Payments
  • Billing & Invoicing
  • Credit Card Payments
Website open.money
Pricing URL Official Open.money Pricing
Details $freemium $81.52 / Annually
Platforms
Browser Android iOS
Release Date2017-05-19

Stripe

Categories
  • Online Payments
  • Recurring Billing
  • eCommerce Tools
  • Payment Platform
  • Recurring Subscription Billing
  • Recurring Payments
Website stripe.com
Pricing URL Official Stripe Pricing
Details $
Platforms
-
Release Date-

Open.money videos

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Stripe videos

PayPal VS Stripe 2020: Which Online Payment Processor Is Best For Your Business?

More videos:

  • Review - Stripe Review Video
  • Review - BEWARE: CLOSE YOUR STRIPE ACCOUNT!!! *BEFORE THEY DO*

Category Popularity

0-100% (relative to Open.money and Stripe)
Online Payments
2 2%
98% 98
Recurring Billing
2 2%
98% 98
Accounting & Finance
100 100%
0% 0
Payment Platform
2 2%
98% 98

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Open.money and Stripe

Open.money Reviews

  1. Great app

    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.

  2. Simplifies transactions and exceptional support

    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.

  3. Effortless Financial Tracking with Open's Digital Dashboard

    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.

Stripe Reviews

Payment Platforms Comparison: Stripe vs Chargebee vs Paddle vs Recurly
Stripe is a payment processor. Its software and APIs enable businesses to accept payments, send payouts, and manage their businesses online. Stripe offers its customers a full-stack payment process – it serves as both a third-party payment processor and a payment gateway.
Source: rainex.io
9 Gumroad Alternatives to help you get started asap
From Sahil's statements, Gumroad uses Stripe for processing the payment and Stripe is charging Gumroad. So, whatever 2.9% is paid by the seller is actually going to Stripe (roughly 2-3%) but not to Gumroad.
5+ Best Payoneer Alternatives For Freelancers & Businesses
Unlike Payoneer, Stripe enables you to collect recurring payments. So if you have a business that uses a subscription/recurring model, Stripe would be an ideal choice.
9 Best Payoneer Alternatives for Freelancers | 2022
With organizations such as Shopify, Zoom, Amazon, and Booking.com using it for payment collection you can be sure as a freelancer to never miss on your pay with Stripe. And just like PayPal, Stripe allows for the collection and sending of cash internationally and domestically.
10 Best Payment Gateways for Your Online Business in Malaysia (2021)
Stripe is one of the fastest growing payment solutions in the world. Thanks to it being developer-friendly, you’ll find Stripe integrated with a large number of popular sites and apps online.

Social recommendations and mentions

Based on our record, Stripe seems to be a lot more popular than Open.money. While we know about 239 links to Stripe, we've tracked only 1 mention of Open.money. 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.

Open.money mentions (1)

  • open.money bank reviews
    Has anyone used open.money for banking purpose? Source: about 1 year ago

Stripe mentions (239)

  • Highlights from Stripe's annual 2023 letter
    Stripe published its 2023 annual letter last week. Much like the previous edition it was filled with a lot of interesting nuggets. Stripe has a strong history of being fairly transparent with its practices. These range from engineering challenges through its blogs as well as thought leadership in the financial and entrepreneurship space. I personally like the writing style of this letter as it doesn’t seem... - Source: dev.to / 13 days ago
  • Hyper IDE, using No-Code and Low-Code to Generate Software
    Imagine you want to create an API endpoint that allows users to register in your backend, while simultaneously making a payment towards Stripe. This could be for something that's a subscription-based service, where you charge people for access to something. - Source: dev.to / 2 months ago
  • We made a tool to detect big signups to your SaaS app. Want to be a beta tester?
    Our app – Upollo – connects with your app event data (like Segment) and payment data (like Stripe) to analyze your users and instantly figure out if someone is an important player in your industry. We also help you convert more users, reduce churn, and expand single seats to teams within a company. We're SOC 2 certified and we take data security very seriously. Source: 4 months ago
  • Roast my landing page: AI version?
    That's cool - my page is still under development. But have you tried running it on something like https://stripe.com/ to see if the generates interesting results. Could share results here? DMing you also. Source: 4 months ago
  • How do you define the width of your website across breakpoints?
    Stripe is a great example of this as their margins on the side are visible with a faint line. All content is inside this except for some images and decorations. Source: 4 months ago
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What are some alternatives?

When comparing Open.money and Stripe, you can also consider the following products

Razorpay - Payment gateway solution for India with robust, developer friendly API and simple economic pricing.

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Razorpay International Payments - Easiest way to accept payments in 100 currencies 🇮🇳

Payoneer - Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

Zoho Books - Smart Accounting for Growing Business

Chargebee - Chargebee lets you manage subscriptions and payments at scale, handle custom recurring billing scenarios, reduce subscription churn and simplify accounting.