Source: Salt Edge
Emma, the London-based fintech startup, has teamed up with the global data aggregator Salt Edge to allow the app’s users to benefit from more bank connections across the UK and eventually to expand to new countries.
Emma is a money management app that gives its users a full picture of their finances. It alerts them on overdrafts, tracks debt, prompts them to save money, as well as keeps track of all their subscriptions. It gained the approval of the FCA for provision of account information services - namely, to be able to access data from European banks.
The integration with Salt Edge is benefiting Emma’s users by enabling them to instantly and securely connect accounts from banks across the UK that were not previously within the app. Salt Edge supports a wide variety of accounts such as debit, credit, e-wallet, savings, loan, mortgage, cryptocurrency trading, investment, and insurance accounts. The company offers a single platform to connect to 35 banks in the UK and to over 3100 financial institutions across the globe. By leveraging this platform, any business gets the possibility to expand to the global market and get a truly Open Banking experience.
“Emma Technologies is a fast-growing fintech with an ever-expanding community, and we are excited to contribute to their continuous development. Having great experience with PFMs, and being very familiar with the nuances, we believe our solution to be a great fit for Emma. We truly believe that working together towards improving the way people manage their financials will bring fruitful results in our collaboration,” said Dmitrii Barbasura, CEO at Salt Edge.
“We started Emma on a mission to help millions of people improve and fix their finances, once for all. We are thrilled to be working with Salt Edge, which is the European leader of banking aggregation, and we are looking forward to expanding to new countries with them, as partners,” said Edoardo Moreni, CEO at Emma Technologies.