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Brick

Can a single open finance + payments API become the default money-movement layer for Southeast Asian platforms?

Founded2021
HQJakarta, Indonesia
Latest roundSeed (2022)
IndustryInfrastructure / Open banking
The story

Brick is an Indonesia-based open finance API platform serving Southeast Asia. Originally positioned as a financial data aggregator (Plaid-for-SEA), Brick has expanded into payment orchestration — disbursements, virtual accounts, BI-Fast, QRIS, payment links, and e-wallet acceptance — operating under the licensed remittance entity PT Eastern Transglobal Remittance and partnered with PT Ionpay Networks.

Last 12 months
Product timeline
2021
Brick founded in Indonesia to provide open finance APIs across Southeast Asia.· founding
2022
Raised seed funding round (covered in fintech funding press round-ups).· funding
Regulated entities
2
regulatory licences held by Brick
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Brick’s embedded-finance stack
Payments / PSP
Brick Disbursement API (self-operated)Brick BI-Fast (self-operated)Brick Virtual Account API (self-operated)Brick QRIS Dynamic/Static (self-operated)Brick Payment Link (self-operated)Brick E-Wallet Acceptance (self-operated)
Open banking
in the full report
Sponsor bank
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.