9 facts about Salt Edge on its 9th year anniversary

19th April 2022 | Member News , News

9 facts about Salt Edge on its 9th year anniversary

 

Salt Edge, a leader in providing open banking solutions, is celebrating its 9 years’ anniversary today. We started making open banking long before the notion appeared from a regulator’s point of view.

 

Today, 9 years later, we are celebrating Salt Edge’s anniversary and disclosing 9 interesting facts about it:

  1. The company’s team grew from 3 to over 100 inspiring Salt Edgers throughout the years. 
  2. Our first client was MoneyWiz, a PFM, whom, 9 years later, we are still prolifically working with and growing bigger together.
  3. Salt Edge is ISO 27001 certified and PCI compliant, guaranteeing an infrastructure with hightest maximum security standards for offering financial data services handling.
  4. Salt Edge is certified since 2019 as a Registered Account Information Service Provider (RAISP) from the UK’s Financial Conduct Authority (FCA) to offer access to financial data in compliance with PSD2/Open Banking in the pan-European space. 
  5. Salt Edge now has 6 open banking solutions, covering all the financial institutions and fintechs’ regulatory and business needs: Account Information, Payment Initiation, Data Enrichment, PSD2 Compliance Solution, Mobile SCA, and the newly-launched  TPP Verification. 
  6. The solutions have been awarded at internationally renown events, including the Most innovative use of open banking data, Best innovation in solving problems for small businesses using account aggregation, and many more. Salt Edge itself has been recognised as Open Banking Pioneer in 2021.
  7. Salt Edge has the widest bank coverage: 5,000+ in more than 50 countries, from which 2500+ are PSD2 bank APIs in the EU. Over 200 million accounts have been connected by Salt Edge over the years, tested by more than 15,000 developers.
  8. We have helped financial institutions become PSD2 compliant in under one month, building for them over 100 PSD2 API implementations. 
  9. Our Data Enrichment API i​​ncludes 3.6 million POS, more than 25+ million of the most popular merchants across 123 countries.

 

It has been an amazing journey so far and we cannot wait to see what the future brings. We’ve grown bigger, faster, stronger and will keep getting better and helping everyone make the best out of open banking! Happy birthday, Salt Edge!