SMEs play an important role in Indonesia's economy. However, they lack access to credit that can help them grow. This is how Open Finance can change that.

We share how open APIs can help personal finance platforms understand their users better, enabling them to offer personalised insights that benefit consumers.

With a holistic view of a company or individual’s digital footprint, lending platforms are better equipped to gauge the ability of their users to repay.

With an open API ecosystem, banks can easily access the necessary information through a shared gateway, allowing them to approve loans within minutes.

Open Finance enables fintechs to understand the financial behaviour of their users, allowing them to create personalised products that increase retention.

With Open Finance, consumers can unlock access to a future where financial services are both convenient and accessible.

With over 400 million and counting internet users in Southeast Asia, there are countless reasons for digital services to offer embedded financial services.

Open Finance represents a welcomed extension of Open Banking and allows the exchange of data to occur between a wide range of financial companies.