Italian fintech accelerator Supernovae Labs has joined forces with open banking solutions provider Salt Edge to provide financial institutions and third-party providers a much more secure and reliable way of aggregating bank data and initiating payments powered by PSD2 in the country.

Salt Edge and Supernovae Labs are offering an open banking platform, ensuring connectivity to thousands of banks from over 50 countries worldwide.

This includes getting an aggregated view of account data from the EU and other parts of the world, alongside the interpretation of it into financial insights, and initiate payments from banks across Europe.

The collaboration between these two companies will help financial institutions leverage open banking opportunities and provide their clients with even more customer-oriented services.

Salt Edge’s open banking gateway is providing connections to over 5000 banks worldwide for account aggregation and enables payment initiation from more than 2500 financial institutions in Europe.

“We’re delighted to partner with Salt Edge who has proved to be a leader in providing open banking solutions.

 

We, at Supernovae Labs, are committed to helping businesses accelerate their development by integrating high-end solutions, and Salt Edge’s Open Banking Gateway is bringing to the table exactly what the Italian market needs.”

Carlo Giugovaz, founder and CEO at Supernovae Labs.

“Open banking is redesigning the European payments’ market and drawing a clear line between how things used to be done and how they can be done now.

 

Joining forces with Supernovae Labs is directly supporting startups and is boosting innovation and contributes to creating a new competitive landscape with new rules of the game, allowing new players to participate – and all this with the main focus on the end-user.”

Andrei Scutari, Country Manager Italy at Salt Edge