Open / Finin 2021
Open acquired Finin for $10M on December 20, 2021.
- Target
- Finin
- Acquirer
- Open
- Deal value
- $10M
- Announced
- December 20, 2021
- Sub-sector
- Neobank
Transaction overview
- Open announced the acquisition of Finin on December 20, 2021 for $10M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Finin's neobanking platform complements Open's BankingStack enterprise offering for banks to launch digital banking experiences.
Deal terms & multiples
Frequently asked questions
How much did Open pay for Finin?
Open acquired Finin for $10M, announced on December 20, 2021.
When did Open announce the acquisition of Finin?
Open announced the acquisition of Finin on December 20, 2021.
What sub-sector is Finin in?
Finin is tracked in the Neobank sub-sector.
Sources
- siliconindia.com /news/general/indias-open-purchases-neobanking-startup-finin-in-10m-deal-nid-217647-cid-1.html