Open alternatives
short answerThe closest alternatives to Open are WeBank, PhonePe and GCash. All are neobanks operating in Asia for SMB & startups, comparable to Open on custody, licence, cards, fees and FX — compared field by field below. No affiliate links.
The 8 closest alternatives
| neobank | type | hq | reported users | compare |
|---|---|---|---|---|
| WeBank | traditional | Shenzhen, CN | 400M customers (2024) | directory → |
| PhonePe | traditional | Bengaluru, IN | 200M MAU (2025) | directory → |
| GCash | traditional | Manila, PH | 94M users (2024) | directory → |
| bKash | traditional | Dhaka, BD | 70M users (2024) | directory → |
| MYbank | traditional | Hangzhou, CN | — | directory → |
| RazorpayX | traditional | Bengaluru, IN | — | vs Open → |
| ANEXT Bank | traditional | Singapore, SG | — | directory → |
| Aspire | traditional | Singapore, SG | — | vs Open → |
go deeperBack to the Open profile, ask who owns Open?, or filter your own shortlist in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.