Oct 22, 2024 • 4 minutes read

Juni strengthens collaboration with Salt Edge to provide open banking capabilities

Juni, a fast-growing Swedish financial platform on a mission to build the global business bank of the future, has further strengthened its partnership with Salt Edge, a leading open banking solutions provider, to deliver open banking capabilities. 

Juni offers businesses and finance teams modern banking solutions, spend management, financing and accounting—all on one platform and app. With low FX fees and flexible financing, Juni is dedicated to simplifying global business operations, enabling them to scale effortlessly. 

Since 2020, Juni has partnered with Salt Edge through its Partner Program for Account Information Services (AIS), allowing the company to seamlessly access data from over 2,500 banks across the EU without technical strain. Building on this successful collaboration, the two companies took their partnership to the next level.

As a financial company operating in a highly regulated industry, compliance is a top priority for Juni. To enable open banking capabilities in line with PSD2 requirements, Juni has entrusted Salt Edge with developing both the connector and exemption services. Juni now relies on Salt Edge not only for data access but also for deploying and managing its AIS/PIS infrastructure, relieving the Juni team of the burden of building and maintaining these capabilities in-house.  By delegating the technical and compliance aspects of open banking to Salt Edge, Juni can focus on its core mission–delivering exceptional financial tools, all while ensuring full PSD2 compliance. 

By leveraging open banking capabilities, we can provide our customers with a better and more integrated financial solution. Through our partnership with Salt Edge, we can now also offer access to AIS and PIS capabilities to the larger financial ecosystem. In turn, they can embed Juni into their solution, which leads to an enhanced banking experience for our customers.

At Salt Edge, our goal is to empower financial institutions like Juni to focus on innovation while we handle the complexities of open banking compliance. Our strengthened partnership with Juni reflects the trust and synergy we’ve built over the years. By managing their AIS/PIS infrastructure in line with the PSD2 and RTS requirements, we enable Juni to scale effortlessly and meet regulatory demands without diverting their resources from core business goals.

About Juni

Juni was founded in 2020 by Samir El-Sabini and Anders Orsedal with the ambition to build the global business bank of the future. Listed as the fastest-growing fintech startup in Europe in 2021, Juni gives businesses and finance teams modern banking solutions, spend management, financing, and accounting – all on one powerful platform and app. 

For more information about Juni, visit www.juni.co

About Salt Edge

Salt Edge is a financial API platform with PSD2 and open banking solutions for every business. The company has two main vectors of activity: enabling third parties to access bank channels via a unified gateway and developing the technology necessary for banks to comply 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 5,000+ financial institutions in 50+ countries. Salt Edge has been named a Strong Performer in The Forrester Wave™: Open Banking Intermediaries, 2023 Report.



More information: www.saltedge.com  

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