Finlayer, a modern financial management platform designed for small and medium-sized businesses, has joined forces with Salt Edge, a global leader in open banking solutions. This partnership enables Romanian businesses to integrate multiple bank accounts, automate workflows, and gain real-time financial insights—all within a single, secure platform.
Finlayer selected Salt Edge for its robust, fully compliant open banking framework, which lays the foundation for smarter, more connected financial tools. Through Salt Edge’s Account Information Services (AIS), Finlayer can connect with nearly every bank in Romania, automating reconciliation, consolidating account data, and providing instant access to balances, transactions, and cash flow.
Additionally, Salt Edge’s Payment Initiation Services (PIS) allow Finlayer users to send invoices, process payments, and receive funds directly through the platform—transforming what used to be hours of manual work into a quick, automated experience.
“For us, speed is everything,” said Ioan Solovastru, CEO of Finlayer. “Salt Edge helped us navigate open banking seamlessly, allowing our team to focus on building an exceptional user experience. This partnership makes it possible for us to simplify financial management for small businesses in Romania and, soon, across Eastern Europe.”
Virgiliu Bodrug, Senior Open Banking Solutions Expert at Salt Edge, added: “Managing multiple accounts can overwhelm small businesses. With Salt Edge’s open banking rails, Finlayer delivers an automated and connected experience, helping Romanian companies manage finances, send invoices, and process payments from one dashboard. It’s faster, safer, and smarter.”
The collaboration empowers Romanian SMBs with a unified platform that improves daily operations, automates payments and invoicing, and enhances financial visibility—all while keeping funds safe within trusted banks. Finlayer’s solution is also fully integrated with the Romanian e-Factura system, ensuring compliance and ease of use.
After proving success in Romania, Finlayer aims to expand its solution throughout Eastern Europe, giving businesses across the region access to modern, open banking-driven financial tools.
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