Axis Bank, India’s third largest private sector bank, has partnered with the world’s fastest-growing digital banking enterprise, OPEN, to provide a fully native digital current account journey for its customers including SMEs, freelancers, homepreneurs, influencers and more.
Customers can avail banking services from Axis Bank, along with OPEN’s financial automation features like Authentication process will be completely digital using PAN and Aadhaar followed by a Video KYC and Customers can avail 250+ banking services and claim up to 50% cashback through grab-deals.This partnership offers the larger business community access to Axis Bank’s holistic banking experience coupled with OPEN’s end-to-end financial automation tools for business management including payments, accounting, payroll, compliance, expense management and several other services.
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This computerized current record item will assist clients with saving a lot of time and exertion, as the verification cycle will be totally advanced utilizing Dish and Aadhaar followed by a Video KYC. The solace of a contactless record opening cycle that removes the problem of desk work with a zero report transfer highlight, makes this ongoing record item fundamentally unique in relation to others on the lookout. Utilizing this record, clients can profit 250+ financial administrations and guarantee up to half cashback through get bargains. With this organization, all current Hub Financial balance holders likewise gain admittance to OPEN’s across the board computerized financial stage that is utilized by more than 30 lakh organizations at present.
Commenting on this partnership, Sameer Shetty, President & Head – Digital Business & Transformation, Axis Bank, said, “At Axis Bank, we believe in putting the customer at the centre of all our endeavours, while also generating shared value for all stakeholders in the ecosystem. We have been continuously working on innovation-led partnership models to offer digital banking solutions to customers. In this effort, we are delighted to have partnered with OPEN to offer a one-stop banking solution for businesses.” Speaking about this partnership, OPEN’S Co-founder & CEO, Anish Achuthan, said, “We are really excited to be the first fintech to partner with Axis Bank to launch a fully native digital current account journey for customers. Business banking is opening up to newer and niche segments like homepreneurs, influencers etc. and we look forward to creating tailored products for them in partnership with Axis Bank. We will further work on integrating value-add services like term loans, revenue-based financing and more for these users.”
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