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
Phone number: +1-437-886-3969
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.
Serena Orizi for Yolt