Cloud banking platform Crassula has picked Salt Edge as its open banking provider to ensure PSD2 compliance across its partnership network.
All UK and EU banks, electronic money institutions and fintechs that are Crassula clients will receive open banking support, as today’s financial sector rapidly evolves driven by digital technologies.
Iulian Mitrea, Business Development Manager at Salt Edge, commented: “Here at Salt Edge, we are excited to partner with Crassula to align our efforts in helping more businesses and financial institution embed innovative services into existing products, improve business agility, and boost the customer experience.
“The financial services industry is undergoing a revolution in how software solutions are created and delivered to the market, and one of the most important digital transformations is the concept of open banking, which has laid the foundation for future disruption.”
Crassula joins Salt Edge in a highly competitive environment, becoming a one-stop shop with open banking functionality for fintech startups, neobanks, PSPs, small banks, retailers, telcos, credit unions, building societies, and others.
Sigita Kotlere, Head of Partnerships at Crassula, added: “We at Crassula believe that when the financial company is ready to start its journey or introduce a new product, that is what it should focus on.
“Using the ready-made solution with SaltEdge, we will be able to get the project up and running in a couple of weeks.”