Is Open Money available for business in Denmark?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 26 May 2026
Availability

Open Money for business in Denmark: Not available

Key eligibility
A business registered in India. Open Money is an Indian small and medium business banking platform and onboards Indian companies that bank with its partner banks in India.
Non resident position
Not served as a local account in Denmark. Open Money operates in India and has extended its banking technology to parts of Southeast Asia and the Middle East, but it does not onboard businesses based in Denmark.
Local currency support
Indian rupees through partner banks in India. No Danish krone account and no local Denmark account details.
Headline monthly fee
Not applicable in Denmark. Pricing is set for the Indian market, and there is no Denmark product.
Availability and fees as of 26 May 2026Last reviewed 26 May 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

No. As of 26 May 2026, Open Money does not serve business customers in Denmark. Open Money is an Indian small and medium business banking platform that connects current accounts, invoicing, payouts and expense tools for companies in India. A business based in Denmark cannot open an Open Money account, so the alternatives below point to providers that do serve the market.

Does Open Money serve business customers in Denmark?

No. Open Money is one of India's largest small and medium business banking platforms, working with partner banks in India to give companies connected current accounts, invoicing, payouts and expense management. In recent years it has extended its banking technology into parts of Southeast Asia and the Middle East, but its account service is built around businesses registered in India. Open Money does not run a business banking service in Denmark or the wider European Economic Area and does not issue Danish krone accounts. As of 26 May 2026.

Eligibility for businesses in Denmark

Because Open Money serves businesses registered in India through Indian partner banks, a company registered in Denmark does not qualify. The onboarding and compliance checks are built around Indian registration and identity documents, and there is no Denmark onboarding route. A founder with an Indian company might use Open Money through that Indian entity, but that is an Indian account rather than a Denmark one. Verify with the provider

What it costs locally

There is no local Denmark pricing for Open Money, because the product is not offered there. Pricing and account features are set for the Indian market, with balances held in Indian rupees through partner banks. The Danish krone and local Denmark account details are not supported. As of 26 May 2026

What local users report

There is no base of Denmark business users for Open Money, since the product is not available in the market. Companies in Denmark that want business banking generally use local banks and cross border providers active in the market. As of 26 May 2026, confirm the current position with each provider before relying on it.

Open Money does not appear to serve business customers in Denmark as of 26 May 2026, or the position is unclear. Verify directly with the provider. Providers confirmed available in Denmark are listed on the Denmark country guide.

Questions about Open Money in Denmark

Is Open Money available for business in Denmark?
No. As of 26 May 2026 Open Money is an Indian small and medium business banking platform that works with partner banks in India. It does not serve businesses based in Denmark or issue Danish krone accounts. Verify the current position with the provider. This is general information, not advice.
Can a business in Denmark open an Open Money account?
A business registered only in Denmark cannot open an Open Money account, because the platform serves companies registered in India through Indian partner banks. A founder operating an Indian company might use it through that Indian entity, but that is an Indian account rather than a Denmark one. Confirm your eligibility with the provider. As of 26 May 2026.
Does Open Money support the Danish krone?
No. Open Money accounts run through partner banks in India and hold Indian rupees, with no Danish krone account or local Denmark account details. As of 26 May 2026, confirm the current position with the provider.
What can a business in Denmark use instead?
Providers that serve business customers in Denmark are listed on the Denmark country guide, including local banks and online multi currency options. Availability changes, so verify the current position with each provider before applying. As of 26 May 2026.

Availability, fees, and eligibility change. This page was last reviewed on 26 May 2026. Confirm the current position with Open Money before applying.

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