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Brankas and Gimasys Form Strategic Partnership to Enhance Open Banking in Vietnam

Jun 24, 2025•12 months ago

Contract Type

partnership

IndonesiaFinancial Services

Description

Brankas has officially announced a strategic partnership with Gimasys to deliver a groundbreaking Open Banking solution for Vietnam's financial sector. This collaboration aims to help financial institutions navigate regulatory challenges and accelerate their digital transformation.

Company Information

Company

Brankas

Location

Indonesia

About

Brankas says it is seeing 30% month-on-month growth in API usage and is now used by more than 40 banks and 100 enterprise customers and channel partners. In terms of data, Brankas developed four new APIS—Statement, for retail and corporate transaction retrievals; Balance, to let people view their current and average account balances; Income, which uses machine learning to identify individual income or salary; and Telco, to allow clients access to users’ telecom data. He also said that through Visa, Brankas enables open finance for all Visa partner banks in the region and is currently developing new solutions for payments, identity and data analytics.Singapore-based open finance startup Finantier gets backing from Y Combinator

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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