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

Related articles

3 min read Feb 2018

Speaking at the GDPR & PSD2 Forum | Salt Edge

Salt Edge Inc. will be showcasing how banks can become PSD2 compliant in the span of a month at the “PSD2 & GDPR Forum” on the 19-20th of February, at Park Plaza Victoria in Amsterdam. February 14th, 2018 – Salt Edge is happy to announce that its Business Development Officer,…

2 min read Jul 2016

Salt Edge welcomes Chip Financial Ltd in its startup program | Salt Edge

Salt Edge’s agreement with the UK based FinTech startup Chip Financial regulates the use of Spectre data aggregation API to provide for the money-saving app’s effective performance. July 1, 2016 – Chip Financial is in the process of implementing Spectre API within the final developmental stages of its automated assistant that…

2 min read May 2016

Personal Finance Management for CashTrack | Salt Edge

CashTrack and Salt Edge have signed an agreement to offer a high-level PFM to the Singapore market. May 30, 2016 – CashTrack starts using Spectre API within the Salt Edge startup program. The bank feed service empowers the Singapore startup to develop and support a trustworthy and easy-to-use personal expense tracker. The…

2 min read Oct 2017

The Window of Consent | Salt Edge

Salt Edge Inc. makes first steps towards full GDPR compliance by implementing a Consent collection window upon connection. October 9th, 2017 – The General Data Protection Regulation (GDPR) was adopted on 27 April 2016 and will come into force starting with 25 May 2018, after a two year transition period….