As of November 2021, the number of bank accounts registered on open banking platforms in South Korea amounted to around 213 million, up from around 160 million in June 2021. The number of open banking users in South Korea has grown rapidly since the service was launched in December 2019.
Number of bank accounts registered on open banking platforms in South Korea from December 2019 to November 2021
(in millions)
Open banking refers to a banking system that allows customers to access financial services from multiple banks through a single smartphone application.
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Financial Services Commission (South Korea). (December 21, 2021). Number of bank accounts registered on open banking platforms in South Korea from December 2019 to November 2021 (in millions) [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1240673/south-korea-number-of-open-banking-accounts/
Financial Services Commission (South Korea). "Number of bank accounts registered on open banking platforms in South Korea from December 2019 to November 2021 (in millions)." Chart. December 21, 2021. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1240673/south-korea-number-of-open-banking-accounts/
Financial Services Commission (South Korea). (2021). Number of bank accounts registered on open banking platforms in South Korea from December 2019 to November 2021 (in millions). Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1240673/south-korea-number-of-open-banking-accounts/
Financial Services Commission (South Korea). "Number of Bank Accounts Registered on Open Banking Platforms in South Korea from December 2019 to November 2021 (in Millions)." Statista, Statista Inc., 21 Dec 2021, https://www.statista.com/statistics/1240673/south-korea-number-of-open-banking-accounts/
Financial Services Commission (South Korea), Number of bank accounts registered on open banking platforms in South Korea from December 2019 to November 2021 (in millions) Statista, https://www.statista.com/statistics/1240673/south-korea-number-of-open-banking-accounts/ (last visited November 13, 2024)
Number of bank accounts registered on open banking platforms in South Korea from December 2019 to November 2021 (in millions) [Graph], Financial Services Commission (South Korea), December 21, 2021. [Online]. Available: https://www.statista.com/statistics/1240673/south-korea-number-of-open-banking-accounts/
