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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Number of open banking users South Korea 2020-2023
As of December 2024, the number of registered users of open banking services in South Korea had reached approximately *** million, including those with multiple accounts. This number has grown rapidly since the service was launched in December 2019.
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Financial Services Commission (South Korea). (February 21, 2024). Number of registered open banking users in South Korea from December 2020 to December 2023 (in millions) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 26, 2026, from /statistics/1238251/south-korea-number-of-open-banking-users/
Financial Services Commission (South Korea). "Number of registered open banking users in South Korea from December 2020 to December 2023 (in millions)." Chart. February 21, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 26, 2026. /statistics/1238251/south-korea-number-of-open-banking-users/
Financial Services Commission (South Korea). (2024). Number of registered open banking users in South Korea from December 2020 to December 2023 (in millions). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 26, 2026. /statistics/1238251/south-korea-number-of-open-banking-users/
Financial Services Commission (South Korea). "Number of Registered Open Banking Users in South Korea from December 2020 to December 2023 (in Millions)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Feb 2024, /statistics/1238251/south-korea-number-of-open-banking-users/
Financial Services Commission (South Korea), Number of registered open banking users in South Korea from December 2020 to December 2023 (in millions) ÌÇÐÄÆƽâ°æ, /statistics/1238251/south-korea-number-of-open-banking-users/ (last visited July 26, 2026)
Number of registered open banking users in South Korea from December 2020 to December 2023 (in millions) [Graph], Financial Services Commission (South Korea), February 21, 2024. [Online]. Available: /statistics/1238251/south-korea-number-of-open-banking-users/
