Salt Edge partner with Kindgeek to boost the delivery of open banking solutions
5th July 2023
Kindgeek, a leading one-stop shop fintech software developer, and Salt Edge, a top open banking service provider, announce their partnership for providing PSD2 and open banking solutions to the fintech landscape.
As financial services continue to become more digital, opportunities arise to develop more efficient financial services and advance economic growth. In this competitive fast-paced environment, businesses must keep up with optimising their processes and digitally personalising their offerings. Modern companies like Kindgeek and Salt Edge step in to help enterprises build and launch trustworthy, open banking-enabled fintech products as they navigate the future of innovation.
Partnering with Salt Edge, Kindgeek evolves into a one-stop shop with limitless opportunities in open banking technologies. With connectivity to 5,000+ financial institutions across the globe, Salt Edge offers a comprehensive range of open banking solutions, including Open Banking Compliance for EMIs and banks, account aggregation and payment initiation for PFMs, accounting companies, lenders, and e-commerce, and any other companies that want to innovate. Therefore, more companies from different industries globally can add a new and secure payment method, and get instant access to bank data, while banks and EMIs now have quicker access to open banking and SCA compliance solutions.
A digital wallet developed in the UK for managing personal finances and financial goals is now effectively combining the open banking solutions of Salt Edge with Kindgeek’s web and mobile software development services. Having become an enriched and open banking-compliant financial management platform, the eWallet is now servicing over half a million clients.
“Together with Kindgeek, we can broaden our reach and assist more companies in developing innovative solutions. We both share the mission to take the burden off various types of businesses and enable them to integrate cutting-edge services into their offerings, increase business agility, and enhance customer satisfaction, while also complying with the open banking regulatory requirements.” Alina Beleuta, Chief Growth Officer of Salt Edge
“We are excited to partner with Salt Edge to drive innovation and transformation in the fintech industry. This collaboration allows us to leverage Salt Edge’s expertise in open banking, while our software development capabilities will enhance Salt Edge’s product offerings. Together, we aim to create impactful solutions enabling businesses and individuals to thrive in fintech.” Yuriy Gnatyuk, COO of Kindgeek
Kindgeek is a one-stop-shop fintech product development company that illuminates how finance companies can reach their full potential with digital solutions. More than 200 companies have trusted Kindgeek to build their MVPs, products, and scale engineering teams. Kindgeek matches innovative technologies, such as core banking, payment processing, security systems, blockchain, bots, AI, and NFT/WEB 3.0, with specific business challenges.
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 has been named a Strong Performer in The Forrester Wave™: Open Banking Intermediaries, 2023 Report.