PLAID

US/UK bank account aggregation.

Definition

Plaid covers 12000+ US and UK banks. APIs: Link (onboarding UX), Auth (transfers), Balance, Transactions, Identity, Income, Liabilities, Investments. API-call pricing. Plaid Exchange enables Open Banking UK FCA connections.

Origin

Founded 2013 in San Francisco ; Visa acquisition cancelled 2021 ; $13B valuation in 2024.

Example in context

Venmo uses Plaid Auth to verify a user actually owns the added bank account before a transfer.

Related terms

• Tink — European twin.