# Open (open.money)

**Canonical:** https://apis.io/providers/open-financial/  
**Website:** https://open.money/  
**APIs profiled:** 10

Open is one of India's leading SMB neobanks, pioneering "connected banking" - a unified business finance platform that layers payments, automated reconciliation, accounting, payroll, expense management, vendor payouts, and GST-compliant invoicing on top of partner-bank current accounts (ICICI, SBI, Axis Bank, Yes Bank and 20+ others). Beyond its SMB application, Open also ships an embedded-finance / Banking-as-a-Service stack branded as Zwitch (zwitch.io), which exposes the same connected-banking primitives - virtual accounts, payouts via NEFT/IMPS/RTGS, UPI collect and intent flows, the Layer hosted payment gateway, beneficiary management, PAN/bank/VPA verification, webhooks, and split settlements - as REST APIs for fintechs and platforms that want to embed account-to-account payments and Indian payment rails into their own products. Open's broader portfolio also includes BankingStack (white-label connected banking for partner banks), the Open Capital lending product, and a suite of e-commerce plugins (WooCommerce, Magento, OpenCart, PrestaShop, CS-Cart, WHMCS) plus PHP, Java, Node.js, iOS, and Android SDKs for the Layer payment gateway.

## Kin Score — 20.4 / 100 (emerging)

Scored 2026-08-21 under rubric 0.12.0. Trend: flat (+0.0 from 20.4).

| Facet | Score |
|---|---|
| Discoverability | 68.5 |
| Contract Quality | 0.0 |
| Governance | 0.0 |
| Contract Governance | 0.0 |
| Operational Transparency | 5.3 |
| Developer Ergonomics | 23.8 |
| Commercial Clarity | 44.7 |
| Access Clarity | 44.7 |

Regulatory layer — **Banking & Open Finance**: 25.3 (matched via tags).

## Agent readiness — 8.5 (agent-aware)

| Dimension | Value |
|---|---|
| Spec Presence | no |
| Agentic Access | no |
| Reversibility Documented | no |
| MCP Server | no |
| Auth Clarity | yes |
| Idempotency | no |
| Error Semantics | no |
| OpenAPI Examples | no |
| Rate Limit Signal | no |
| Event Surface Described | no |
| Agent Skills | no |
| Well Known Catalog | no |
| Consent Identity | no |
| Agent Card | no |
| Dry Run Mode | no |

## Access

Unknown — onboarding: unknown, pricing: unknown, trial: no (confidence: low).

## APIs (10)

- **Open Zwitch Virtual Accounts API** — Programmatic creation and management of virtual accounts used as transfer wallets, collection wallets, and collection tools on top of partner-bank infrastructure. Virtual accoun...
- **Open Zwitch Transfers API** — Initiate single or bulk fund transfers from a virtual account to bank beneficiaries over NEFT, IMPS, or RTGS, and inspect transfer status, UTR, and settlement details. Powers ve...
- **Open Zwitch Beneficiaries API** — Manage the set of bank-account beneficiaries that can be paid from a virtual account. Supports creating beneficiaries, listing, retrieving, updating, and deleting, with optional...
- **Open Zwitch UPI API** — UPI collect requests, UPI Intent strings, and dynamic UPI QR codes for accepting customer-initiated payments on India's Unified Payments Interface rails. Includes mandate flows ...
- **Open Layer Payment Gateway API** — Layer is Zwitch's hosted payment gateway. A few lines of layer.js render a fully PCI-compliant checkout pop-up that accepts net banking, UPI, credit/debit cards, and wallets. Se...
- **Open Zwitch Verification API** — Identity and account-validation suite used during merchant onboarding, KYB, and pre-payout checks. Endpoints cover PAN verification, name matching, bank-account validation (stan...
- **Open Zwitch Split Settlements API** — Configure split-settlement rules so that incoming payments are automatically apportioned across multiple beneficiary accounts at settlement time. Used by marketplaces, aggregato...
- **Open Zwitch Webhooks** — Real-time event delivery for payment, transfer, refund, settlement, virtual-account, and verification lifecycle events, with HMAC signature verification and configurable retry p...
- **Open Zwitch Payment Pages API** — No-code hosted payment pages and payment links that small businesses can share over email, SMS, or WhatsApp to collect one-time or recurring payments without writing integration...
- **Open Connected Banking Platform** — Open's flagship SMB neobanking application. Connects one or more partner-bank current accounts (ICICI, SBI, Axis Bank, Yes Bank, and others) and layers on bill and invoice manag...

## Security (1)

- **Open Financial Domain Security** — TLSv1.3 · HSTS · DMARC

## Tags

Connected Banking, Neobank, SMB, Embedded Finance, Banking as a Service, Payments, Payouts, UPI, Accounting, Payroll, Expense Management, India, Fintech

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Profiled by [API Evangelist](https://apievangelist.com) and published on [APIs.io](https://apis.io/providers/open-financial/). Scores are computed from the provider's own public artifacts under a published rubric.