Gregfins upgrades its PFM app with Salt Edge open banking technology
Gregfins, a UK-based PFM app, joined forces with Salt Edge, leader in developing open banking solutions, to empower its end-customers to connect and access all bank accounts in one app.
70% of Millennials and Gen-Z use from 3 to 6 different payment providers. More than half would like to have their expenses, currencies, bills, accounts, investments, and other financial information in one place, where they can keep track of all their activities.
Gregfins app offers a comprehensive financial experience, combining all PFM tools in one place, thus granting to the end-customers a complete control and overview of their financial life. The company provides deep analytics, simplified payment options, crypto trading, and many other features. Combined with Salt Edge data aggregation solution, Gregfins will allow their end-customers to see all their bank and eWallet account information in one place, making it easier to track and manage finances. The company will offer greater oversight and control over funds, reducing the bustle of everyday financial management tasks. Salt Edge data aggregation toolkit will allow Gregfins to access Open Banking and PSD2 channels instantly, providing access to bank accounts data of more than 5000 banks in 50+ countries.
The collaboration with Salt Edge allows us to use all open banking-powered solutions to upskill our existing features and offerings. Leveraging Salt Edge data aggregation we give our end-customers the possibility to connect multiple bank accounts, from any country, to obtain a single unified view and full control over their financial life.
Open banking unveils countless possibilities for innovative financial management, bringing it to the next level by enabling people to make well-judged financial decisions. Instant access to all financial data in one screen, brings the much needed ease and transparency in the current world. We are delighted to join hands with Gregfins, reckoning on their mission to bring the best possible financial management experience to the end-customers and reap all the benefits uncovered by open banking technology.
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 5000+ financial institutions in 50+ countries.
Every single day we hustle between different login details, accounts and apps located all over our phones. Not being sure of which app or bank to use for our daily transactions, which one has the lowest commission for our international transfers or which card to use when we are travelling abroad. Gregfins app offers a complete financial experience combining all of your finances in one app, making it simple and easy to take control! Gregfins integrates with banks, merchants, currencies, payment cards, lending services, business accounts, trading accounts, insurance services and BNPL, empowering users’ financial experience in a go. Our goal is to reach a minimum of 3M users by the end of 2025, securing subscription and fee revenues of £480M per annum.
Salt Edge report
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