MSMEs often hailed as India’s growth engines, contribute over 26.83% to the GDP. However, they face challenges in accessing financial services, especially credit, due to their lack of creditworthiness and remote locations. Traditional institutions struggle to cater to them, hindering growth potential. A joint report by TransUnion CIBIL and SIDBI reveals that out of India’s 630 lakh MSMEs, only 250 lakh have obtained credit from formal sources. Open network platforms present a transformative solution, empowering MSMEs to aggregate and manage financial data to construct a robust digital financial record. By securely sharing this data with lenders, MSMEs provide a comprehensive financial view, facilitating more informed credit assessments. These platforms bridge the gap between MSMEs and formal financial institutions, enabling access to once-distant credit and financial services. In essence, these platforms pave the way for MSMEs to unleash their full economic potential.