May 06, 2024

Flagright and SALT collaborate to improve SME security in Asia and India.

February 26, 2024
2Min Reads
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SALT, a financial platform that empowers SMEs in India and Asia, has collaborated with Flagright, a leader in AML compliance and fraud protection.

The aforementioned collaboration represents a noteworthy advancement in the utilization of technology to augment financial stability and inventiveness for small and medium-sized organizations (SMEs) throughout the region.


SALT is renowned for its cutting-edge strategy for giving SMEs the vital financial resources they require for success. Through the integration of Flagright's state-of-the-art AML and fraud prevention technology, SALT hopes to expand its capabilities and provide businesses in India and Asia with more safe, effective, and creative financial services.

 

This partnership's foundation is a common Y Combinator experience, which demonstrates both businesses' dedication to using technology to leverage financial security and promote innovation. The goal of this strategic partnership is to further SALT's aim of providing SMEs with unrivaled security measures in addition to financial solutions.


With its user-friendly, no-code interface and expertise in advanced AI technology, Flagright will enable SALT to easily include thorough compliance and fraud prevention measures. This will demonstrate the commitment of both businesses to enhancing financial security and encouraging innovation within the SME sector and further secure the financial transactions of SMEs in the area.

 

The cooperation excites Ankit Parasher, Co-Founder of SALT: "Joining forces with Flagright, a fellow YC alumni, is a significant milestone for SALT." It reinforces our goal of providing SMEs with unmatched security in addition to financial solutions. Flagright's technology will be essential in preventing financial crimes from affecting our platform and our clients, allowing SMEs to operate in a secure and confident manner.

 

Flagright's co-founder and CEO, Baran Ozkan, added the following to his remarks about the partnership: "We are thrilled to work with SALT and support their mission to empower SMEs." Our relationship is strengthened by the fact that we are both YC graduates and recognize the value of both innovation and security in growing organizations. With our strong security solutions, we can't wait to help SALT succeed.

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