Innovance and Salt Edge—A Strategic Collaboration to Boost the Delivery of Open Banking Solutions in the EMEA

  • Open Banking
  • 15.11.2024 10:20 am

Innovance Technologies, a leading software development powerhouse that delivers end-to-end solutions to financial institutions, joins hands with Salt Edge, a global leader in open banking, to boost the delivery of open banking solutions in the EMEA region.

Offering tailored, in-house-developed solutions to financial institutions, Innovance Technologies caters to each client’s unique needs, from fintech startups to established companies. The company is dedicated to bringing innovation and technology into organisations of all sizes, streamlining operations, and fostering success and growth. Thus, the cooperation with Salt Edge will bring businesses unprecedented access to a full stack of fintech solutions.

The partnership will support financial institutions, including digital wallets, lenders, and digital and traditional banks, in achieving Open Banking Compliance with minimal resources, ensuring security and peace of mind throughout the entire process. In addition, Innovance’s clients can access account data instantly through a unique gateway, allowing them to make better financial decisions, be more informed, and gain a competitive advantage. They will also have access to a secure payment method that makes it simple to pay quickly.

Togay Çınlarses, Global Sales and Partnership Director :

"We are thrilled to announce a strategic partnership between Innovance and Salt Edge. This collaboration combines Innovance’s experience in financial technology solutions with Salt Edge’s expertise in open banking and secure data aggregation. Together, we aim to deliver unparalleled value to our clients by enhancing their financial experiences and driving innovation in the fintech industry. This partnership represents a significant step forward in our commitment to providing top-tier, integrated services that meet the evolving needs of the market."

This partnership brings together the vast open banking experience of Innovance in Turkey and the comprehensive product of Salt Edge, which introduces a strong proposition in the region for financial entities and their end customers. This, in turn, opens up the potential to expand globally by securing connectivity to more than 5000 financial institutions worldwide.

"We are delighted to partner with Innovance Technologies to support the extension of open banking solutions to more institutions. This alliance will create new opportunities for businesses to expand and develop innovative solutions that are efficient and adhere to the highest security and compliance standards while keeping a competitive edge and fostering industry innovation."

said Iulian Mitrea, Head of Partners Ecosystem

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