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Salt Edge

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Salt Edge
Salt Edge logo
ISIN🆔
IndustryFinancial technology
Founded 📆2013; 11 years ago (2013)
Founder 👔
Headquarters 🏙️,
Area served 🗺️
Key people
Dmitrii Barbasura
(CEO)
Products 📟 account aggregation, payment initiation
Members
Number of employees
🌐 Websitehttps://www.saltedge.com/
📇 Address
📞 telephone

Salt Edge is a financial technology company that offers a set of open banking services.[1] The company is head-quartered in Canada and has offices in the UK. Salt Edge was registered by the UK's FCA as an Account Information Service Provider under revised Payment Service Directive on March 25, 2019. The company is ISO 27001 certified and complies with PCI Security Standard. Some of Salt Edge's clients are MoneyWiz, Societe Generale (Expressbank, BRD), BudgetBakers, and many others.[2][3]

History[edit]

Headquartered in Toronto, Salt Edge was founded in 2013[4][3] with the aim to create stable and secure interoperability channels between financial providers and end-consumers, bringing benefits to all the involved parties. Salt Edge Inc. is present globally in 70 countries and 3732 banks.[5][6] The number of the company employees is 51-200 of employees.

In 2017, the company has registered over 50,000 million of active users. For 2017, the company revenue was $100k - $499k.

In 2018, the Salt Edge Inc. was among the finalists of the Pitch360 for the provided banking/enterprise solutions.[7][8]

On October 24, 2019 the Salt Edge Inc Company has signed an agreement with the it:Exprivia group. According to the agreement, the crediting institutions have been provided with the new tools that are in compliance with the European Directive PSD2 of Spetember 14th, 2019. The Exprivia Group's offers can be integrated into the financial sector with the SaltEdge products.[9][10][11][12][13]

Digital finance platform Globitex has partnered with Salt Edge, a financial API platform with PSD2 and Open Banking solutions, to ensure that its EURO Wallet customers benefit from a secure environment for payments.[14]

Products and technologies[edit]

Salt Edge Inc is expertized in FinTech and APIs. Salt Edge service range covers all the layers of work between a financial institution and end customer:

  • Priora - a PSD2 and Open Banking Solution which includes AISP/PISP APIs for banks, added-value APIs such as Digital Identification and workshops on banking strategy building in post PSD2 digital world.
  • Spectre - unified API layer for Data Aggregation and Enrichment, with a coverage of 2500+ financial institutions in 50+ countries.
  • Fentury - White Label Banking Solution, which includes retail, kids, wealth management and business banking solutions, end-customer analytics and marketing platform for personalized offers.[15] Fentury started as a personal finance advisor in late 2015, being available in 50 countries and supporting 2500 financial institutions. Partnering with banks, allowed the app to cover wider audience and bring mutual benefit for the end-customer, bank and the company. Currently Fentury is a part of Salt Edge Inc. — the Fintech Service provider, which includes Financial Data Aggregation API, PSD2 Technical Solution and White Label Banking services.

Awards[edit]

  • The company is finalist for Pitch360 at the category Banking/Enterprise Solutions.[7]
  • The best Start-Up iHub Ukraine.[16]
  • The most Innovative Start-Up from iHUB Ukraine.[16]

References[edit]

  1. "FinTech Moldova – domeniul revoluției în accesul și calitatea serviciilor financiare", UNIMEDIA, 2019-05-23, retrieved December 8, 2019
  2. "MEDICI", MEDICI, retrieved November 18, 2019 Text " Top Banking APIs Enabling Access to Aggregated Rich Financial Data" ignored (help)
  3. 3.0 3.1 "Top Banking APIs Enabling Access to Aggregated Rich Financial Data", FinTech Ranking, October 28, 2016, retrieved November 18, 2019
  4. "Salt Edge serves up open banking infrastructure for testing", FinTech Futures, retrieved November 18, 2019
  5. Countries and Integrated Banks, retrieved November 18, 2019
  6. "The Complete Who's Who of Banking APIs", Medium, August 18, 2017, retrieved November 18, 2019
  7. 7.0 7.1 "Innovate Finance unveils finalists for 2018 FinTech Pitch360", Finextra Research, February 15, 2018, retrieved November 18, 2019
  8. "Innovate Finance Announces Finalists for 2018 FinTech Pitch360", Crowdfund Insider, February 15, 2018, retrieved November 18, 2019
  9. "AIUTO ALLE BANCHE PER LE SFIDE DELLA DIRETTIVA PSD2 DA EXPRIVIA E SALT EDGE - Fitnessfinanziario", Fitnessfinanziario, October 28, 2019, retrieved November 18, 2019
  10. "Fintech, Exprivia si allea con Salt Edge per servizi a misura di Psd2 - CorCom", CorCom, October 23, 2019, retrieved November 18, 2019
  11. Http://www. Facebook. Com/bitmatnews (October 24, 2019), "Exprivia e Salt Edge aiutano le banche nella compliance alla PSD2 - BitMat", BitMat, retrieved November 18, 2019
  12. "Fintech, nuova alleanza tra Salt Edge e Exprivia", Borsainside.com - Borsa, forex, finanza, quotazioni petrolio e oro, retrieved November 18, 2019
  13. "Eprivia adds Open Banking to portfolio through partnership with Salt Edge", Finextra Research, November 14, 2019, retrieved December 8, 2019
  14. "Globitex equips for SCA with Salt Edge Authenticator app", Thepaypers.com, retrieved December 8, 2019
  15. "Обзор приложения Fentury - контроль расходов для Android", Android4all.ru/soft/finance/2096-fentury, retrieved November 18, 2019
  16. 16.0 16.1 "Молдова покорила международную стартап-конференцию в Украине", All Moldova, retrieved November 18, 2019

External links[edit]


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