Paris, September 20, 2022 – Budget Insight, a major European player in Open Banking and Open Finance, announces its collaboration with Ledgity, the first crypto wealth platform. The fintech company now uses Budget Insight technology to design its application and thus covers the widest range of financial data while ensuring complete security of the data.
Offering a wealth visualization and management service, Ledgity is aimed at individuals and wealth management advisors in a B2B2C model. Registered as a Digital Asset Service Provider (DASP) with the AMF, Ledgity offers a new service in France: integrating crypto-assets into a global wealth management context. The application consists of a dashboard that provides a complete view of a user’s financial and non-financial assets as well as an integrated platform for exchanging and securing crypto-assets.
From the design phase of Ledgity, it was essential to provide its users with a clear and complete view of their banking, savings and investment data (securities accounts, life insurance etc…), and this in complete security.
Pierre-Yves Dittlot, founder and CEO of Ledgity, commented: “We make it a point of honor to bring the highest standards of data protection and privacy to our users. Budget Insight, a historical player on the subject of PSD2 and approved by the ACPR, is the partner that truly meets our needs.”
Bertrand Jeannet, Budget Insight CEO, added: “We are very pleased to support Ledgity and help them deliver this innovative service. The need to go beyond PSD2 and payment accounts is getting stronger than ever to serve as many use cases as possible. Our unique ability to recover all financial assets is a considerable asset and really sets us apart on the market.”
Ledgity is in the process of raising funds. The company had the application tested with a hundred beta testers and has now had close to 1,700 wealth management advisors sign up. Initial feedback is very positive. Budget Insight’s Webview UX – the account login user interface – is highly appreciated, and the concept of the application, still unfamiliar to the general public, is generating a lot of excitement.
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