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Tag: API-driven lending

How Embedded Finance Is Increasing Access to Instant Unsecured Business Loans

embedded finance

Access to timely credit has always shaped how small businesses grow. Yet for many businesses, especially smaller ones, unsecured loans have remained slow, paper-heavy, and uncertain. Traditional lending systems were built around balance sheets, collateral, and long approval cycles. Meanwhile, …

Open Financial Technologies Pvt Ltd,

Tower 2, 3rd floor, RGA Tech Park,

Sarjapur Road, Bengaluru

Karnataka – 560035

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“Open is a technology platform – it is not a bank and does not hold or claim to hold a banking license. The business current accounts, VISA corporate cards, business loans and other similar banking services/financial services offered on the Open platform are provided by RBI-licensed banks and financial institutions. All funds in the Open powered business current account are insured as per limits prescribed under the RBI’s deposit insurance scheme. The banking services/financial services offered on the Open platform are powered by our partner banks/financial institutions and follows all security standards and legal requirements prescribed by the partner bank/financial institution, in accordance with extant RBI regulations.”

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