Sola, a European fintech infrastructure company building a next-generation payments and open banking gateway, has partnered with Salt Edge, a leading provider of open banking solutions, to enhance its payment capabilities and accelerate the adoption of alternative payment methods across Europe. 

By integrating Salt Edge’s Payment Initiation Solution (PIS), Sola gains access to Salt Edge’s ever-expanding network of thousands of banks across the continent. The integration will enable broader market reach and more reliable, secure, and instant payment experiences for merchants operating in diverse markets.

Partnering with Salt Edge is a key milestone for Sola as we expand our open banking capabilities across Europe. Salt Edge’s regulatory expertise and robust connectivity perfectly complement our mission to deliver fast, secure, and scalable financial infrastructure. Together, we’re enabling businesses to build the next generation of payment experiences.

Jūlija Pandeva, Chief Technology Officer at Sola

Various businesses, from fintechs to established enterprises, face challenges integrating payment and open banking solutions due to market fragmentation and complex regulatory environments. Sola’s flexible gateway addresses these issues by connecting businesses to multiple financial infrastructures through a single API, without disruptions, offering speed, compliance, and scalability.

This partnership will empower businesses to:

• Access a wider range of banking connections, including those in highly regulated markets
• Accelerate time to market by reducing integration efforts and technical complexity
• Strengthen security and compliance, ensuring all transactions meet regulatory standards without adding operational overhead
• Ensure seamless integration and predictable user experience, including merchants with diverse business models or high volumes of transactions.

The future of financial services belongs to companies bold enough to reimagine how money moves, and Sola is one of them. By combining Salt Edge’s open banking rails with Sola’s modern infrastructure, we’re making seamless payments a reality for businesses across Europe.

Virgiliu Bodrug, Senior Open Banking Solutions Expert at Salt Edge

This collaboration will also bolster Sola’s market position as a comprehensive financial connectivity platform, as it prepares to launch its new card solution soon.

About Sola

Sola is a European fintech infrastructure company that provides a modern payment and open banking gateway for businesses of all sizes. Our platform combines secure APIs, instant payments, and flexible integrations to help merchants operate efficiently across diverse and highly regulated European markets. We focus on speed, reliability, and compliance, enabling our customers to scale seamlessly without being limited by outdated financial infrastructure. Sola’s mission is to make financial connectivity fast, secure, and accessible, giving merchants real choice and control over how they manage payments.

For more, visit sola.live

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 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 5,000+ financial institutions in 50+ countries. Salt Edge’s commitment to reshaping the digital world has been recognised in The Forrester Wave™: Open Banking Intermediaries, 2023 Report, where the company was named a Strong Performer.

For more, visit www.saltedge.com