Mabel Chacko, a serial entrepreneur and the co-founder of Open, a neo banking platform for SMBs and start-ups, has been recognized as the ‘Disruptor of the year’ at the 3rd edition of the Digital Lenders Association (DLAI) Conclave. This was announced at the ‘Women in Fintech Awards’ as part of the closing ceremony of the conclave on Friday 14th June 2019.

DLAI ‘Women in Fintech Awards’ is a formal recognition to recognise women in the fintech world, who have demonstrated excellence in the workplace. The award recognises women workers who have shown outstanding achievement in their field. A distinguished jury panel consisting of Kshama Fernandes- Managing Director and CEO, Northern Arc Capital; Smita Aggarwal- VC Investor in Fintech, Board Director in Companies, Thought Leader in financial services and Ajay Kaushal, Founder Director at BillDesk2 were involved in shortlisting the finalists and choosing the winners.

On being presented with the award, Ms. Chacko said, “I feel honoured to be conferred with this award and deeply grateful to DLAI for recognizing Women in fintech. I look forward to continue building Open as an equal opportunities fintech startup.”

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 50,000 SMEs and is processing over USD 4 Billion in transaction run rate. Open onboards over 10,000 SMEs every month and is the fastest SMB focused neo-banking platform in the world.