Pleo teams up with Salt Edge

Financial API platform Salt Edge has been chosen by B2B spending solution Pleo to upgrade its payment services for its clients across Europe.

Pleo, which is active in Denmark, the UK, Spain, Sweden, Germany and Ireland, has implemented the PSD2-compliant solution created by Salt Edge to enable SMEs from these countries to gain more complete business propositions, by having the possibility to access their accounts or initiate payments directly from third-party apps.

The Salt Edge API provides secure connection of third-party providers (TPPs), TPP developer portal and their verification, and a client dashboard, and TPPs can seamlessly integrate with Pleo’s interface.

Federica Erilmi, legal counsel and DPO at Pleo, said that the benefits for its customers were never in doubt.

“The only challenge was committing to a solution in optimum time, as implementing the compliance solution internally implies the commitment of substantial resources,” Erilmi said.

“After thorough research and offers comparing, we chose Salt Edge. Its full compliance solution checked all the boxes but the most important factor was the deep knowledge of the European market, especially Scandinavia. The smooth and fast implementation gave us the confidence that we chose the right partner and now, after being live for some time, we know we’ve made the right decision.”

Lisa Gutu, head of business development at Salt Edge, added: “We’re always happy to team up with companies thinking and acting primordially for the benefit of the end-users. Pleo has an ambitious expansion plan and we’re happy to support it.

“Being PSD2 compliant helps end-users connect and centralise their expense flows right from one unique application – thus gaining so much more liberty in actions and time.”