Open, an SME-focussed neo-banking platform partners up with Visa to launch Founders Card; a business credit card for SMEs and startups.

With the Founders Card, businesses can manage subscriptions and expenses efficiently with integrated expenses and subscription management tools with an added rewards program for startups and SMEs.

Founded in 2017, Open has grown over 200,000 SMEs and processed over $6.5 billion transactions with its platform.

In India last year, Visa launched the Fintech Fast Track programme to support the local startups and look forward to helping young businesses automate payments with its commercial solutions.

Anish Achuthan, Co-founder and CEO at Open, said:

“We have 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. 

We are excited to have Visa in this journey to ease business banking for the ever-increasing SME market. 
This partnership is a boost for Open, as we look to expand our customer base to other markets in the Asia-Pacific Region, the United States, and the Middle East in the coming months.”