Keysafe is a UK-based tenant referencing company, set up to reduce the risk of rent arrears by checking the tenant before they sign the tenancy agreement.
In 2019, KeySafe turned to Salt Edge’s open banking service, to address the challenges of the archaic tenant vetting processes which implied many cumbersome steps and was time-consuming for all parties involved.
Through the partnership, the verification process became essentially instant, helping KeySafe to reduce the average response time to approximately 4 minutes from the historical 48 hours.
Read the case study to find out how Salt Edge’s solution enables Keysafe to verify the tenants’ financial situation by connecting to their banks in different countries, in a compliant way without the hurdles of getting their own AIS licence.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: