Case Study: Fiskl achieves global bank coverage and automated financial reconciliation with Salt Edge

Fiskl selects Salt Edge to globally amplify their financial management platform for small businesses

Fiskl, a UK-based SaaS company that provides an intelligent financial manager for micro-businesses in 120 countries, faced the challenge of giving small businesses seamless, automated control of their day-to-day finances without manual data entry or complex bank integrations. To scale globally and serve a diverse customer base more efficiently, Fiskl selected Salt Edge and its open banking and data enrichment solutions.

Salt Edge implemented data aggregation and automated bank-statement capture, delivering instant, categorised transaction data from US and EU banks and removing the need for Fiskl to integrate with individual banks. As a result, Fiskl can automatically reconcile revenue and expenses for customers, accelerate market coverage and scale more quickly — leveraging Salt Edge’s connections to over 5,000 financial institutions across 70+ countries while continuing to serve users in 120 countries.

Fiskl

Alina Lapusneanu

Chief Executive Officer