Personal finance firm Plannix and Salt Edge are partnering to enable users in Europe to connect and view their bank accounts instantly through Open Banking.
Aiming to move the scope of Open Banking adoption beyond Italy – where Plannix is based, the financial firm will offer its range of financial planning and advisory services to provide users with asset allocation and portfolio trackers, as well as KPIs and a transparent fee scanner.
This is further bolstered with the addition of Salt Edge’s Partner Program, enabling Plannix customers to benefit from data aggregation resources which will help provide more accurate financial tracking analysis.
Moreover, integrating Salt Edge’s data enrichment features will also offer deeper insights into financial behaviours, improving the overall financial planning and advisory experience.
Luca Lixi, CEO and Founder at Plannix, stated: “At Plannix, we are dedicated to transforming how people manage their finances.
“Our goal is to be more than just a provider of financial tools; we aspire to be a hub for smart, long-term financial empowerment and to nurture a generation of savvy investors. Our partnership with Salt Edge is a testament to this mission, ensuring our solutions are innovative, user-friendly, secure, and compliant.
“This collaboration marks a significant step in revolutionising financial planning and advisory and promoting the well-being of our users.”
Aiming to find solutions to the challenges of daily financial planning through fluctuating markets and investment requirements, Plannix will provide personalised solutions that focus on allowing users to make smarter and more informed financial decisions.
The partnership with Salt Edge accelerates these plans by integrating its Open Banking capabilities for its user base who traditionally would not have access.
Plannix plans to broaden its reach to key European regions, including France, Spain, and Germany. Partnering with Salt Edge, which has over 2,500 connections to financial institutions in Europe, will allow end users from these countries to connect and access their bank data all in one place.
“We are pleased to support Plannix in this transformative journey through our open banking solutions,” added Anton Cebanu, Open Banking Solution Expert at Salt Edge.
“With the combination of Plannix’s personal finance hub and Salt Edge’s account aggregation solution, clients will have the flexibility to connect and manage multiple bank accounts in a single application, while also receiving personalised financial insights and a secure compliance experience.”