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Software Status:Active

About Plaid

Plaid is a fintech software from Plaid Inc. that helps all companies build fintech solutions by making it easy, safe, and reliable for people to connect their financial data to apps and services. It provides payment solutions, verified account and routing numbers, and real-time balance checks so businesses can create modern financial products. With the platform's reliable features, users can expect fast and secure payments while benefiting from network-powered fraud signals. Plaid’s ACH payment risk platform also supports risk assessment during transactions. Key capabilities: overview explore payment solutions auth verified account and routing numbers identity bank account-holder information balance real-time balance checks signal ACH payment risk platform Best for: fintech companies that need to connect financial data to applications.

Plaid Details

Vendor
Plaid Inc.
Year Launched
2013
Location
San Francisco , California 94105, US
Deployment
cloud
Training Options
demo, account manager, community
Countries Served
All Countries
Languages
English
Users
Application Developers, Bankers, Financial Managers, Financial Analysts, Investment Managers, KYC Analysts, Loan Officers, Loan Servicers, Mortgage Lenders, Online Banking Customers.
Industries Served
Personal finances, Lending, Wealth, Pay by bank, Digital banking, Business finances, Crypto
Tags
Application Development, Banking Systems, Financial Management, Financial Services, Investment Management, KYC, Loan Origination, Loan Servicing, Mortgage, Online Banking

Plaid's In-App Market Place

Does Plaid have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($)

Pros & Cons

  • 1. Powerful financial data connection: Plaid efficiently connects to a wide range of financial institutions.
  • 2. Real-time data access: Provides up-to-date and accurate financial information.
  • 3. Strong security measures: Ensures the security of financial data.
  • 4. Developer-friendly: Offers easy integration with clear API documentation and support.
  • 5. Good user experience: Relatively easy to set up and use.
  • 1. Data inconsistencies: May encounter inconsistencies in data retrieved from certain financial institutions.
  • 2. Limited international support: May not support all foreign banks and financial institutions.
  • 3. Paid production access: Requires payment to access production environment.
  • 4. Slow support response: May experience slow or unresponsive support.
  • 5. Aggressive upselling: May push for unnecessary monthly plans.

Plaid's Alternatives