Mabel Chacko (Co-founder & COO of Open - Asia's first neo-banking platform for SMEs and Startups)

Jun 27, 2020, 1:30 – 2:30 PM

Jammu City

Mabel is a fintech innovator & the co-founder of the neobanking platform Open that offers a business banking platform to SMEs & startups. She co-founded her first startup Cashnxt in 2007, Neartivity Wireless in 2009 & Zwitch which was later acquired by Citrus Payments. Mabel has been the recipient of 'Startup Leader of the Year' Award & recognised as one of the 'Wonder Women in Fintech in India'.

Virtual event


About this event

Mabel is a fintech innovator and a serial entrepreneur who believes that the way SME’s work is going to change forever in a few years. She is the co-founder of the neobanking platform Open that offers a business banking platform to SMEs and startups.

Open is Asia’s first SME focused neobanking platform that helps automate their business payments, banking and accounting functions in one unified service to help business owners to focus on their core business.

She co-founded her first startup Cash-Nxt in 2007 which was a plug n’ play mobile payment and financial inclusion solution meant specifically for semi-urban and rural markets. CashNxt was later acquired by a Latin American company. She moved on to build Neartivity Wireless, an NFC based payment processing platform in 2009. In 2013, she co-founded Zwitch, India’s first developer focused payment platform, which was later acquired by Citrus Payments in 2015.

While leading the marketing at CitrusPay, Mabel got to interact with a lot of entrepreneurs & SME business owners. What came out of these interactions was that business owners struggled to keep track of their expenses and used multiple tools and bank accounts to manage their business finances. This led to making of Open.

Mabel has also been the recipient for numerous awards which includes ’Startup Leader of the Year’ Award from the Ministry of Electronics & Information Technology, Government of India, ‘Disruptor of the Year’ at DLAI Women in Fintech award ceremony, ‘Woman Leader in Fintech’ Award at India Fintech Awards 2019 (IFTA). She has also been recognized as one of the ‘Top 20 Women in Fintech Industry’ in India at Fintegrate 2019 and as one of the ‘Wonder Women in Fintech in India’ by Medici. 

Check out what happened


  • Mabel Chacko

    Open Financial Technologies Private Limited

    Co-founder & COO


  • Rishita Sharma

    Startup Grind Jammu

    Chapter Director


  • Rishita Sharma

    Chapter Director

  • Anupam Pandey

    Team Member

  • Ayushi Sharma

    Creative Head

About Startup Grind

This is Startup Grind. We are the world’s largest startup community.

Our Mission

To give startups everywhere the education and opportunities they need to build, grow, and scale their companies.

Our Values

We believe in making friends, not contacts. We believe in giving first, not taking. We believe in helping others before helping yourself.

Tools & Discounts for Startups

Take advantage of resources and offers provided by organizations we know and love, designed to help you navigate the startup journey.

Global Conference

Our annual flagship event in Silicon Valley brings together thousands of startup teams, investors and organizations from all over the world.

Join the Startup Membership

This membership gives you free access to networking, events, mentorship, office hours, and other exclusive opportunities curated by Startup Grind HQ.