Fiskl selects Salt Edge to globally amplify their financial management platform for small businesses

Fiskl, a UK-based software as a service company, joined hands with Salt Edge, a leader in offering open banking solutions, to deliver a seamless financial control experience to millions of small businesses globally.

Open banking genuinely transforms the way businesses manage their money. Fiskl is a software technology company which created an intelligent financial manager that helps micro-businesses manage their day to day business finances without the help of an in-house accountant. Driven by Salt Edge’s open banking and data enrichment solutions, Fiskl supports businesses globally with an automated solution packed with key tools to help manage their finances.

Fiskl integrates with Salt Edge to utilise advanced data aggregation capabilities and eliminate the need for manual data entry. Salt Edge solution tackles the pain point of financial paperwork by providing automated bank statement capture directly in Fiskl, thus enabling Fiskl to automatically reconcile revenue and expenses for its customers. Fiskl now gets instant access to categorised data from US and EU banks via the open banking channels. Salt Edge services enables Fiskl to skip the need to integrate with multiple banks and be able to expand its coverage by connecting to over 5000 financial institutions across the globe.

We believe that SMEs represent the fuel for worldwide economics and it’s exciting to collaborate with a company like Fiskl which aims to create accessible solutions to more than 350 million small businesses globally. At a time when SMEs need assistance, Salt Edge is happy to help Fiskl support SMEs digitising their businesses effortlessly and discovering a broad range of open banking benefits for growth, innovation, and diversity.

Jason O’Shaughnessy, Senior Vice President of Sales at Salt Edge

For Fiskl to better serve a global customer base, we need to work with global partners that help us compete in the market more effectively, enable us to achieve development efficiencies, and have a nimble and accelerated roadmap. As Fiskl is present in 120 countries, market coverage was one of the critical factors in our selection of Salt Edge as our data aggregation partner. The rapid additions of banks in new countries will enable Fiskl to reach deeper into those markets and to better serve local customers.

Alina Lapusneanu, Chief Executive Officer at Fiskl

About Salt Edge

Salt Edge – a financial API platform with PSD2 and open banking solutions. The company has two main vectors of activity: enabling third parties to get access to bank channels via a unified gateway, and developing the technology necessary for banks to become compliant with the directive’s requirements. ISO 27001 certified and AISP licensed under PSD2, the company employs the highest international security measures to ensure stable and reliable connections between financial institutions and their customers. The company is integrated with 5100+ financial institutions in 70+ countries.

More information: www.saltedge.com
Phone number: +1-437-886-3969
E-mail: press@saltedge.com

About Fiskl

Fiskl is an intelligent financial manager for micro-businesses, with customers in 120 countries. The company’s mission is to empower entrepreneurs and small businesses to take charge of their day to day finances by enabling them to run their business from their mobile phone or tablet, affordably, with the power of smart automation, machine intelligence and cloud computing. Fiskl is headquartered in London, United Kingdom.

More information: www.fiskl.com
Phone number: +442032898049
E-mail: press@fiskl.com

Salt Edge report

Discover what is the current state of open banking payments in Europe in 2021

Download now

Related articles

3 min read Apr 2020

Pannovate partners up with Salt Edge to deliver instant PSD2 compliance

Pannovate, UK’s leading payment and digital banking technology, has partnered up with Salt Edge, leader in offering open banking and secure customer authentication solutions to help organisations launch competitive PSD2 compliant banking and payments programmes in the UK and throughout Europe.

2 min read Oct 2019

Salt Edge hits next big milestone: 500+ integrated open banking APIs

Being on the right track and speeding up every month, Salt Edge quickly reaches a significant milestone for the company and the industry itself – successful integrations with 500+ open banking APIs. This number is especially important since now the company is integrated with banks in every country of the European Union….

3 min read Oct 2021

Money Minx taps Salt Edge to offer customers an enhanced open banking-enabled investing experience

Money Minx, a US-based net worth and investments tracking platform, joined forces with Salt Edge, open banking pioneer, to allow their users in the UK, Germany, and Switzerland to connect all bank accounts and monitor investments with ease – all in one place. The modern world opens the door for…

4 min read Mar 2020

Billingo to digitalize the billing services with Salt Edge data aggregation

Billingo, the second-largest online invoicer in Hungary joined hands with Salt Edge, a leader in developing open banking solutions, to become the very first online biller in the country to offer a range of opportunities fuelled by bank data aggregation, without having their own PSD2 licence. Open banking started its…