Money Minx, a US-based net worth and investments tracking platform, joined forces with Salt Edge, open banking pioneer, to allow their users in the UK, Germany, and Switzerland to connect all bank accounts and monitor investments with ease – all in one place.
The modern world opens the door for innovation in major parts of people’s lives, and investment is not an exception. Digitalisation creates many new forms of investment, making them affordable and easier for almost every member of today’s society. Investors look for instant and transparent access to financial planning and portfolio management tools to control, track, and compare investments — in real-time. Here Money Minx enters the arena, offering a DIY investing experience with full control over assets, debt and investments from around the world and in any currency. Combined with Salt Edge data aggregation and data enrichment tools, Money Minx expands the boundaries and takes investing to an entirely new, game-changing level.
The collaboration with Salt Edge helps Money Minx to build a “Personal Finance Mission Control” for the everyday investor by implementing PSD2 compliant access to clients’ bank data across Europe. Open banking-enabled live bank feeds offer an easy way to track investments from anywhere and in any currency — all in one simple, user-friendly place. By teaming up with Salt Edge, Money Minx can cover 50 countries globally by integrating with only 1 API instead of having to connect with each financial institution on its own. Salt Edge solutions enable users to connect their bank accounts in Europe to Money Minx in just several clicks. The entire process is automated, eliminating the need to download statements and enter values in Money Minx manually.
When we were searching for a partner we wanted to make sure our users’ data would be secure. Salt Edge turned out to be more established and transparent than its competitors, so our choice was clear. Currently, we are live with Salt Edge in the UK, Germany, and Switzerland. Very soon we plan on opening connections in Australia, France, Spain, and Italy. We believe our approach to investing makes us stand out against the competition and with such a reliable partner and at our side, we have a very bright future ahead.
Hussein Yahfoufi, Co-founder of Money Minx
We are constantly pushing the envelope, aiming to partner with companies which shape the future of financial services. Modern investing is booming, and innovative businesses such as Money Minx are embracing the benefits of open banking solutions to differentiate and create easy and secure investing experience for their customers.
Vasile Valcov, VP at Salt Edge
