Case Study: PocketSmith achieves unified financial data and transaction categorisation with Salt Edge

PocketSmith connects to 5,000+ banks with Salt Edge

PocketSmith, a personal finance management software company, needed to provide its global users with secure and automated access to their financial data from thousands of banks. Their challenge was to aggregate and categorize this raw transaction data into clear insights, enabling their customers to confidently take control of their complex finances. To solve this, they partnered with Salt Edge for its Data Aggregation and Data Enrichment services.

Salt Edge implemented its Account Information API and Transaction Categorisation engine, which automatically connects to over 5,000 financial institutions across 50+ countries. The solution securely fetches, normalizes, and categorizes transactional data using self-learning machine algorithms. This provided PocketSmith's users with a unified and comprehensive overview of their finances, directly within the app, fostering greater user trust and data fidelity.

PocketSmith