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Mumbai, 1st March 2019- Mabel Chacko, a serial entrepreneur and the co-founder of Open, a neo banking platform for SMBs and start-ups, has been recognized as one of the top 20 women in fintech in India. The announcement was made at the Fintegrate Zone 2019 event held in Mumbai on 27th February.

The Women in Fintech Award (WIFA) was presented to her by Mr. Navin Surya, Chairman Emeritus, Payment Council of India and Ms. Annie Dubé, Consul General of Canada for Western India.

On being presented with the award, Ms. Chacko said, “It is a great honour to be recognized. I am elated and humbled. I would also like to congratulate the other women who I share the award with.’’

Some of the other women who received the award were Lizzie Chapman of Zest Money, Sujata Mohan of RBL Bank, Smita Agrawal of Omidyar Network.

Founded in 2017, Open recently received a Series A funding of 5 million USD led by Beenext, Speedinvest and 3one4 Capital. Open is solving the business banking challenges faced by SMBs. The platform today has grown to over 30,000 SMEs and is processing over USD 2 Billion in transaction run rate. Open onboards over 7500 SMEs every month and is the fastest SMB focused neo-banking platform in the world.