Salt Edge to unlock Ebury’s global payment reach through Open Banking

credit: Shutterstock
credit: Shutterstock

Global fintech Ebury has called on the Open Banking PSD2 APIs of Salt Edge to simplify and extend its reach to make more efficient international payments. 

The collaboration will also enable both Ebury and Salt Edge to enhance its visibility and attract new customers whilst leveraging Open Banking as part of its core payment options.

Toby Young, Group Technology Director at Ebury, said: “Ebury is excited to be working with Salt Edge to extend the benefits of open banking to our UK and EU customers. 

“Ebury exists to connect companies to the world and optimise international trade, and our partnership with Salt Edge will simplify our customers’ reconciliation processes,  allowing them to focus on growing their businesses.”

Ebury aims to simplify and power global trade by making it more accessible for businesses of all sizes. Its technology is designed to help clients scale and transact across the world. With Salt Edge’s Open Banking expertise, the company can extend this reach. 

Salt Edge is working with Ebury’s team to integrate its EU and UK PSD2 APIs. This integration will offer Ebury account holders immediate access, in a compliant manner, to a vast network of accounting, Enterprise Resource Planning (ERP), and Treasury Management platforms using Salt Edge’s automated reconciliation service. 

As a result, it will increase Ebury’s visibility amongst financial service providers in Europe and the UK, allowing its clients to experience the benefits of Open Banking.

Bodrug Virgiliu, Open Banking Solutions Expert at Salt Edge, added: “Salt Edge is thrilled to support Ebury’s commitment to helping SMEs and businesses streamline and simplify cross-border trade.

“By adding Ebury’s PSD2 API to our network, we enable their clients to securely and seamlessly share account information with ours, eliminating regulatory burdens. Leveraging Ebury’s unique product offering, this collaboration reinforces our shared dedication to delivering innovative and comprehensive financial solutions.”