Salt Edge joins forces with Thinslices to simplify access to financial data

European full-service product development company Thinslices has partnered with Open Banking solutions provider Salt Edge to simplify financial data aggregation and to enable account-to-account payments for businesses across a range of industries.

The new partnership combines Salt Edge’s financial data connectivity and payment initiation capabilities with Thinslices’ specialism in system integration and front-end development to streamline access to Open Banking infrastructure.

Salt Edge’s aggregation of data from more than 5,000 financial institutions across 50-plus countries gives businesses the ability to gain “deeper” insights, automate financial workflows, and integrate secure payment methods into their digital products.

Meanwhile, Thinslices’ white label solutions lower front-end development costs.

Industries such as automotive finance and lending, where access to financial data and real-time payments can enhance the decision-making process, may benefit from the partnership.

In a press statement, Salt Edge and Thinslices called it the start of “a long-term collaboration focused on helping companies build better financial products faster”.

“By combining our strengths, we’re helping businesses build smarter financial products faster. It’s a solid step forward in making Open Banking more practical and scalable across industries,” said Stefan Sarbu, chief executive officer of Thinslices.

Maria Rusu, business development manager at Salt Edge, added: “At Salt Edge, we’re committed to making financial data more accessible and actionable for businesses across industries.

“Together with Thinslices, we’re streamlining Open Banking adoption, helping businesses reduce integration complexity, enhance decision-making, and unlock new payment possibilities.”

Further reading: Backbase teams up with Salt Edge to enable Open Banking compliance among banks