FintechOS and Salt Edge Partner for Hyper-Personalized Open Banking

FintechOS and open banking connectivity provider Salt Edge announced a strategic partnership on April 5, 2022, to enable hyper-personalized banking experiences for financial institutions. The partnership integrates FintechOS's low-code financial product infrastructure with Salt Edge's PSD2-compliant open banking APIs, allowing banks and fintechs to rapidly build and deploy customized financial products. Salt Edge contributes its connectivity to over 5,000 financial institutions via account information and payment initiation APIs, while FintechOS provides the product design and orchestration layer.

The combination is designed to help banks accelerate digital transformation by enabling data-driven personalization of financial services. This partnership is particularly relevant in the European market where PSD2 regulation mandates open banking capabilities. The collaboration positions both companies to capture growing demand from banks seeking embedded finance and open banking solutions without extensive in-house development.

Financial terms of the partnership were not disclosed.