Salt Edge enables Yolt to connect its users to more than 3,000 banks

Yolt, the smart money app, has started using the Salt Edge API with the goal of expanding the finance management horizons of its users.

Salt Edge announced today a collaboration with Yolt, the reason for that being Salt Edge’s financial data aggregation API. It collects and aggregates, with users’ consent, financial data from over 3,000 banks, and starting today it will allow Yolt users in Italy to view all their accounts in one place.  Yolt users are now able to gauge the benefits of implementing Salt Edge aggregation API, as it has been successfully integrated and is up and running. Since its launch in 2017, Yolt has established itself at the forefront of Open Banking in the UK and empowers its users to unthink money. Through its smart saving plans, categorization tool and useful spending insights, Yolt strives to be the only money app users need, allowing them to get on and enjoy their life. Dmitrii Barbasura, CEO at Salt Edge, says:
We believe a secure financial data aggregation should be the cornerstone of any decent finance management app. Having learnt that Yolt chose to implement our data aggregation API, Salt Edge team was more than happy to help and now can firmly say that working with Yolt is just as big a pleasure as working with any of the top banks. Hence, we have all reasons to believe this collaboration will grow into a beautiful, worthwhile partnership.
Leon Muis, COO at Yolt, comments:
We are delighted to have Salt Edge as our trusted third party provider and use their data aggregation API in Italy. Open Banking has come a long way since its implementation in the UK in January earlier this year, and we hope to replicate the success we have experienced in Italy. We look forward to working with Salt Edge to provide an unrivalled and secure experience so that Italian users can fully benefit from unthinking money.
About Salt Edge Salt Edge is a global fintech company offering a range of cutting-edge solutions to financial institutions, banks, finapps, and other fintech companies. Among its most popular services are financial data aggregation API, open banking and PSD2 solutions, white label retail banking, and data enrichment. ISO 27001 certified, the company employs the highest international security measures to ensure stable and reliable interoperability channels between financial institutions and their users. Connected to 3100+ financial institutions in 61 countries, Salt Edge brings comprehensive financial data at the fingertips of over 250,000 end-users More information: www.saltedge.com Phone number: +1-437-886-3969 E-mail: press@saltedge.com About Yolt Yolt is a money platform built to give everyone the power to be smart with their money. It enables users to view their bank accounts and credit cards in one clear, easy to understand overview, ending the multiple app juggling. A venture of ING Bank N.V, Yolt was born in 2016 with the innovation and the agility of a startup, but also with the security and strength of a bank. Yolt has created all its in-house systems from scratch and, after launching in the UK in 2017, has quickly reached over 300,000 registered users. In 2018 it began its expansion on the European market starting from Italy. More information: www.yolt.comwww.yolt.com/blog  Serena Orizi for Yolt Phone number:+39-320-420-5558 E-mail: maiserenaorizi@gmail.com

Salt Edge report

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

Download now

Related articles

2 min read Jun 2017

Partnership with Norvik Bank to implement open banking platform | Salt Edge

Latvian based Norvik Banka has partnered with Salt Edge Inc. and it’s Priora Platform to become one of the first banks in the Baltics to tackle the PSD2 compliance process. June 13th, 2017 – Norvik Banka, the 8th largest private bank in Latvia, is also one of its oldest, having been…

4 min read Aug 2021

Switcho and Salt Edge – monitoring expenses has never been easier

Switcho, an Italian digital fintech platform that brings innovations in expenses management, has upgraded its services by teaming up with Salt Edge, pioneer in open banking, thus becoming the first company in Italy able to provide insights on expenses and at the same time offer the chance to take actions…

1 min read Jun 2015

Automatic Transactions Categorizer Improvements | Salt Edge

SaltEdge, the financial data aggregation platform, improves its self-learning financial transactions Categorizer by adding a global database with information about points-of-sale. June 5, 2015 – SaltEdge Inc. announces a significant improvement of its automatic financial transactions categorization engine. A global database of points-of-sale (POS) with data about more than 2.000.000 locations…

2 min read Jan 2019

Salt Edge will be showcasing a new round of Open Banking services at FinovateEurope 2019

With FinovateEurope right around the corner, Salt Edge is preparing to present on stage its latest PSD2-related innovative services on February 13 in London. Each year, for over 10 editions, FinovateEurope has been maintaining its first-rate event status. This time, it brings together 1200+ senior-level attendees, 65+ firms demoing on stage,…