“While open banking and open finance are reasonably well-established in Europe and the US, the industry is still very young in Southeast Asia but is growing rapidly. In Indonesia, hundreds of millions are embracing new digital services while many more are still without access to basic financial services like bank accounts.”

https://techcrunch.com/2022/10/13/open-finance-startup-ayoconnects-apis-enable-financial-inclusion-in-southeast-asia/