Salt Edge

Salt Edge provides open banking API solutions that give companies access to more than 5,000 banks around the world, letting them build intelligent services based on data aggregation and payment initiation abilities. The full suite of products lets users build new services with the power of open financial data, with solutions that cater to specific business needs.

Salt Edge's products are designed to help businesses take advantage of open banking:

• Open Banking Gateway: Connect to thousands of banks around the world with a single API, letting users retrieve account information, initiate payments and enrich data with machine learning.
• Open Banking Compliance Hub: A full-stack solution for banks and EMIs to manage open banking compliance, including strong customer authentication and TPP verification.

Some of Salt Edge's key features include:

• Account Information: Connect to thousands of banks around the world through a single API, with a unified and easy-to-read format for end-users' bank data.
• Payment Initiation: Integrate a lower-cost payment option to platforms, letting end-users initiate payments directly from their bank account.
• Data Enrichment: Turn raw data into actionable insights with machine learning, letting businesses better understand their customers' financial situation and offer new products.

Salt Edge is particularly useful for businesses in several sectors:

• Financial Management: Automate account data insertion, offer a complete financial picture and provide personalized saving and investment advice.
• Retail Banking: Provide end-users with a single view of all their accounts and transaction history.
• Lending: Use real-time financial data for credit scoring and lending decisions.
• Accounting & ERP: Automate accounting services and offer a quick financial overview.
• KYC & AML: Verify customer identities and simplify due diligence processes.
• Treasury Management: Get real-time corporate financial data from any bank account.

Salt Edge offers flexible pricing plans to accommodate different business needs:

• Basic: Free, with access to account information, data enrichment, comprehensive API documentation and unlimited test connections.
• Growth: Starting at $500 per month, includes all Basic features, standard email and ticket support and unlimited live connections.
• Enterprise: Custom pricing for large-scale businesses, with custom integrations, priority support and dedicated account management.

With Salt Edge, businesses can enhance their financial services with secure, reliable and compliant solutions. Users can focus on delivering great services based on real-time customer data while Salt Edge handles the technical, security and compliance details. With a decade of experience in open banking, Salt Edge helps businesses to reinvent their financial services and expand globally.

Published on July 23, 2024