Join us for another exciting episode of - "Cash to Code" series, presented by Signzy.

Signzy is a market leading platform that is redefining the speed, accuracy, and experience of how financial institutions are onboarding customers and businesses using the digital medium. Their no-code GO platform offers smooth, customizable onboarding journeys with over 240 easy-to-integrate APIs. It ensures seamless processes for a better customer experience. Powered by The Product Folks & 77 Capital. In this episode, we dive deep into the heart of India's fintech revolution with Open founders Anish and Mabel. Discover the incredible journey behind building one of India's leading fintech companies, Open, and gain insights into the vast opportunities and challenges within the Indian finance stack. Open Money is a digital banking platform designed for businesses. It helps manage finances by combining banking, payments, accounting, and expense management all in one place. This makes it easier for businesses to handle their money efficiently and stay on top of their financial tasks. About the speaker - Anish and Mabel are the visionary co-founders of Open, a leading company in India's fintech industry. With their combined expertise, they've navigated the complex landscape of finance and technology to create innovative solutions that empower businesses across India. Their journey is marked by hard work, creativity, and a drive for success. ---------------------------------------------------------------------------------- 00:00 - Introduction to Open's success with 3.5 million MSME users 02:19 - How the founders of Open found each other through Google 08:40 - Challenges in banking integration and automation 12:41 - How Open built its payment gateway and obtained the PAPG license. 14:51 - Challenges of securing banking partners and acquiring initial customers. 18:36 - Importance of banks for fintech companies. 23:55 - Opportunities in financial services for entrepreneurs 31:07 - Emergence of new infrastructure API companies 34:31 - Rise of fintech interest and growth within community 36:25 - Investor Support and Prudent Spending 42:05 - Importance of building a strong network for fundraising success. 45:51 - Funding market insights for 2024 47:52 - Focus on sustainable and profitable businesses 53:12 - Importance of Maintaining low burn rate and financial planning 56:46 - How Open is raising funds and planning for its Future Growth 1:04:07 - Challenges faced by consumer fintech companies in India 1:09:27 - Explore the lack of deep tech solutions in fintech 1:12:52 - Success of fraud and cybersecurity companies in India 1:18:02 - Proactive compliance builds trust and security 1:20:20 - Fun Rapid Fire Please share your feedback on this episode in the comments section! Also let us know what you would like to hear next. Do reach us team@theproductfolks.com to help us make this better :) ---------------------------------------------------------------------------------- If you like what we are doing , please SUBSCRIBE to our channel and show us some love :) We are a click away on: 👉 Twitter: https://twitter.com/theproductfolks 👉 LinkedIn: https://www.linkedin.com/company/theproductfolks 👉 Instagram: https://www.instagram.com/theproductfolks/ 👉 Facebook: https://www.facebook.com/theproductfolks/ Join Us on our LinkedIn Community: https://www.linkedin.com/groups/10539551/ Until the next episode, Adios. Stay safe!!