Hanoi, Vietnam—March 13, 2025 – Brankas, a leading open finance technology provider, and Vilja, a market leader in cloud-native & composable core banking solutions, have announced a strategic partnership to accelerate the adoption of open banking in Vietnam and across ASEAN. This collaboration aims to empower Vietnamese banks and financial institutions to modernize their banking infrastructure, enhance financial inclusion, and comply with emerging open banking regulations set by the State Bank of Vietnam (SBV).
Vietnam’s financial sector is undergoing a significant digital transformation, with regulatory bodies like the State Bank of Vietnam (SBV) developing frameworks to promote secure data sharing and interoperability among financial institutions. The SBV’s forthcoming open banking regulations, issued as recently as 1st March 2025, are set to standardize APIs and bolster the digital capabilities of banks nationwide.
The partnership between Brankas and Vilja directly addresses these regulatory developments by offering comprehensive solutions that enable banks and fintechs to:
With roots in the Nordics—the world’s most advanced open banking ecosystem—Vilja brings deep expertise in open finance, banking-as-a-service, embedded finance,, cloud-adoption and digital banking innovation. Financial institutions across Europe have successfully leveraged Vilja’s cloud-native banking technology to create new revenue streams, optimize customer onboarding, and launch fully digital lending and deposit products.
Vilja CEO Fredrik Ulvenholm stated: “With our ASEAN R&D center in Kuala Lumpur Malaysia Vilja can deliver unrivalled localized support and tailored solutions to banks in Vietnam. As we join hands with Brankas and our local Vietnamese partners we will work together with Vietnamese banks to adopt the best technology and products through seamless integrations, multicore capacity and secure cloud-adoption.”
This partnership is designed to help financial institutions move beyond traditional banking models by embedding financial services into non-bank platforms. Whether it’s enabling seamless loan origination, real-time payments, or digital account opening, the collaboration empowers banks and fintechs to launch scalable, compliant, and customer-centric digital experiences.
“With open banking regulations taking shape in Vietnam, financial institutions need future-proof solutions to stay ahead,” said Todd Schweitzer, CEO at Brankas. “Brankas’ expertise in open APIs, combined with Vilja’s next-generation core banking platform, creates a powerful foundation for banks looking to modernize, innovate, and unlock new revenue streams.”
As Vietnam continues to embrace open banking and embedded finance, Brankas and Vilja are committed to driving financial innovation and helping institutions adapt to the new regulatory landscape. This partnership will play a critical role in building a more interconnected, inclusive, and API-powered financial ecosystem.
About Vilja
Vilja technology was created in one of Europe’s first digital banks and is today the leading Nordic cloud-native core banking platform vendor, empowering banks and financial institutions with cutting-edge innovation and digital banking solutions.
Our multicore- and cloud-agnostic capacity together with pre-packaged deposit and lending solutions feature afeature a composablemodular design, allowing banks you to seamlessly adapt and grow select with selectedan end-to-end solution or specific products tailored productsto your needs. The platform is highly automated and configurable, ensuring rapid time-to-market and enhanced operational efficiency. Know more about Vilja by visiting www.viljasolutions.com.
About Brankas
Brankas is a leading Open Finance technology provider that empowers banks, financial institutions, and online businesses with API-driven solutions for payments, data, and financial services. We help banks and FIs launch and monetize Open API banking platforms while enabling businesses to connect seamlessly with banks through secure API aggregation.
Brankas partners with regulatory bodies, financial institutions, and global networks to drive Open Finance adoption while ensuring compliance with local regulations. Our enterprise solutions help API providers scale, while our embedded financial services enable businesses to create seamless and secure digital experiences for their users. Visit Brankas.
• Superior customer experience: Modern “My Pages” built for self-service and automation
• User friendly and extensive back-office: Designed for easy product management, smooth servicing and rich compliance functionality
• Complete end-to-end solution with modular approach: Cover the full customer life cycle, KYC & servicing, both at onboarding and recurring
