Plaid

Founded by Zachary Perret & William Hockey in 2013

Connects financial apps to users' bank accounts securely.

Cost

Free Tier, Paid

Rating

★ People love it

Time to value

Quick Setup (< 1 hour)

You can use Plaid to seamlessly integrate your application with users' bank accounts, enabling functionalities like balance checks, transaction histories, and payment initiations. This is particularly useful for creating budgeting tools, payment platforms, or investment services. A standout feature is its extensive network, connecting to over 12,000 financial institutions, ensuring broad user compatibility. Additionally, Plaid's robust security measures, including data encryption and compliance with industry standards, ensure that sensitive financial information is protected, building trust with your users.

What Plaid does

Authenticate and verify users' bank account information for secure transactions.Retrieve real-time account balances to prevent overdrafts and failed payments.Access detailed transaction histories for expense tracking and budgeting features.Verify users' identities to comply with KYC (Know Your Customer) regulations.Initiate and manage bank-to-bank transfers seamlessly within your application.Access loan data, including balances and interest rates, for student loans, mortgages, and credit cards.

Tutorials & Demos

Frequently asked

Venmo, Chime, Robinhood, Carvana

Want a tailored answer?

See whether Plaid fits your stack.

Techbible weighs Plaid against what you already pay for, your team shape, and the work that's actually happening. Free to start.

More in Financial Data and Analytics

All tools →

Capital Companion

Helps traders with AI-powered investment dashboards for advanced strategies.

Carta

Manage equity, build companies, and understand valuations.

Clearwater

Manage investment portfolios, risk, and reporting across public and private markets

Cube Software

Quickly manage financial planning and analysis (FP&A) tasks.

DataSnipper

Automate data extraction and validation within Excel for audit and finance professionals.

Exante

Direct access trading services for a variety of financial instruments.

Finout

Cloudthread is joining forces with Finout, a move that promises to accelerate our growth and most importantly, deliver greater value to our customers.

HAWK:AI

Helps detect financial crimes in real-time