Finlayer and Salt Edge partner to bring Open Banking to SMBs in Romania
Salt Edge has partnered with Finlayer, a Romanian financial management platform helping small and medium-sized businesses (SMBs) manage their finances more easily. The platform acts as a financial layer on top of existing banking systems, letting companies handle all their operations without changing banks.
Finlayer chose Salt Edge for its secure, fully compliant open banking framework, which serves as a foundation for building modern, intelligent financial tools. With Salt Edge’s robust technology, Finlayer can deliver on their core promise of seamless multi-bank integration without requiring customers to switch their established banking relationships.
By leveraging Salt Edge’s Account Information Services (AIS), Finlayer can connect to nearly every bank in Romania, automating reconciliation and aggregating data from multiple bank accounts to give businesses a real-time view of balances, transactions and cash flow. Salt Edge’s Payment Initiation Services (PIS) will enable businesses to send invoices, make payments, and receive funds directly through the Finlayer app, helping small companies pay suppliers and reconcile transactions in minutes instead of hours.
For us, speed is everything. Salt Edge’s team managed to navigate us through the open banking experience seamlessly. Thanks to Salt Edge, we were able to focus on the user experience and build our envisioned solution. This partnership enables us to fulfil our vision of simplifying financial management for small businesses across Romania, and we’re excited about scaling this solution throughout Eastern Europe.
Ioan Solovastru, chief executive officer at Finlayer said: “Juggling multiple bank accounts often slows things down, especially for small businesses with limited resources. Backed by Salt Edge’s open banking rails, Finlayer removes this complexity by turning financial management into a connected, automated experience. Romanian businesses can now view all their finances, send invoices, and receive payments — all from a single dashboard. It’s a smarter way to work that saves time, reduces errors, and keeps money safe within trusted banks.”
