Open banking was, for the first time, a hot topic this year at the Singapore Fintech Festival. Brankas‘ OpenBank Platform took 2nd place at the Fintech Awards in the ASEAN SME category, out of 245 submissions from 30 countries.

We at DAV continue to believe that open banking and data sharing will empower startups, banks, and other industry stakeholders to bring financial services to Southeast Asia’s underbanked population, and that’s key to Southeast Asia’s continued progress in financial inclusion and insurance penetration.

See the full list of winners here.