Investment platform Vyzer taps Salt Edge for open banking API solution
Israeli investment start-up Vyzer has tapped open banking fintech Salt Edge to allow investors to connect and sync up their European bank accounts with the platform.
Leveraging Salt Edge’s Account Information API, Israeli and Swiss high-net-worth investors will be able to view a “comprehensive analysis” of their investment performance and digital cashflow tracking via a single dashboard, Vyzer says.
The firm will also utilise Salt Edge’s data enrichment solutions to boost its existing financial planning tools, “making them even more insightful and personalised”.
The Vyzer platform allows investors to manage portfolios of all asset classes, automatically monitoring investment performance, analysing financial documents, tracking investment-cash transactions and providing insights and recommendations based on crowd-sourced, AI-driven data.
Vyzer co-founder and CEO Litan Yahav says: “We were looking for a stable and secure solution to offer our customers a more extensive selection of institutions to connect to and provide real-time value.
“Our plans of global expansion are in full sync with Salt Edge’s coverage of more than 5,000 financial institutions in more than 50 countries.”
In May, Italian asset manager Azimut partnered with Salt Edge to launch millennial-focused mobile investment app Beewise.