Case Study: Oval Money achieves automatic financial data aggregation and categorisation with Salt Edge

Oval Money connects to 5,000+ banks with Salt Edge

Oval Money Ltd, a fintech startup offering a money management app for young adults, needed to automatically aggregate and categorize financial data from its users' various accounts to power its expense tracking, saving, and investing features. They partnered with Salt Edge to utilize its Account Information API and data enrichment services to address this challenge.

Salt Edge implemented its solution to securely aggregate data from over 5,000 financial institutions, enabling Oval app users to see all their finances in one place. The vendor's transaction categorization engine normalized and unified the data, providing users with the insights needed to make informed financial decisions. This allowed Oval to successfully offer a personalized saving and investing experience within its app.

Oval Money Ltd