What is Plaid?

Plaid operates as a global data network that supports various tools that help countless individuals achieve better financial well-being. Our goal is to create a financial ecosystem that is inclusive, competitive, and advantageous for all by streamlining payment processes and transforming the lending landscape.

Collaborating with over12,000 businesses, including popular fintech platforms like Venmo and SoFi, as well as numerous Fortune 500 firms, Plaid empowers users to have greater autonomy and flexibility in managing their finances. Based in San Francisco, the company's network encompasses more than 12,000 institutions across the United States, Canada, the United Kingdom, and Europe, ensuring a wide reach and impact in the financial sector. Additionally, Plaid is dedicated to fostering innovation that enhances user experiences in financial transactions.

Pricing

Price Starts At:
Free
Price Overview:
Test for free
Free Version:
Free Version available.

Integrations

Offers API?:
Yes, Plaid provides an API

Screenshots and Video

Company Facts

Company Name:
Plaid
Date Founded:
2013
Company Location:
United States
Company Website:
plaid.com
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Product Details

Deployment
SaaS
Windows
Mac
iPhone
iPad
Android
Training Options
Documentation Hub
On-Site Training
Support
Standard Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Plaid Categories and Features

Online Banking Software

Cash Management
Fraud Detection
Loan Management
Retail Banking
Single Sign On
Transaction Monitoring

Financial Services Software

Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Risk Management

Banking Software

Credit Card Management
Investment Banking
Multi-Branch
Online Banking
Risk Management
Transaction Monitoring

More Plaid Categories

Plaid Customer Reviews

Write a Review
  • Reviewer Name: A Verified Reviewer
    Position: Product
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set 5 out of 5 stars
    Layout 5 out of 5 stars
    Ease Of Use 5 out of 5 stars
    Cost 5 out of 5 stars
    Customer Service 5 out of 5 stars
    Would you Recommend to Others? 10 out of 10

    Plaid review.

    5 out of 5 stars Date: Nov 02 2022
    Summary

    I think Plaid is a much better platform than other alternatives out there, like a Yodlee, it has much better design and just really gets the job done.

    Positive

    Good at what it does, fairly easy to set up and offers a lot of flexible customization features for bringing people into your financial apps.

    Negative

    Not a lot to hate about Plaid, I think the pricing can start to creep up if you have lots of users connecting their banks.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Coordinator
    Has used product for: 6-12 Months
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Feature Set 5 out of 5 stars
    Ease Of Use 5 out of 5 stars
    Would you Recommend to Others? 10 out of 10

    Easy to use on the customer side

    5 out of 5 stars Date: Jan 25 2022
    Summary

    Overall happy with how easy it is to use on the customer side of the product. Not sure what it is like on the business side.

    Positive

    I have dabbled in the business side of plaid but as a customer it was easy to use. This review is more for businesses to hear what a customer thinks. I like how this works with cards. It's nice to be able to trust where you are putting your card info.

    Negative

    Nothing major. Have had issues with Discover not being accepted randomly until try 3.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Customer Care Coordinator
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set 3 out of 5 stars
    Layout 3 out of 5 stars
    Ease Of Use 4 out of 5 stars
    Cost 3 out of 5 stars
    Customer Service 3 out of 5 stars
    Would you Recommend to Others? 10 out of 10

    Plaid is a decent software

    3 out of 5 stars Date: Jun 18 2021
    Summary

    PLAID is a decent software that connects banks to other banks. It is affordable and allows companies a cheap option for bank details.

    Positive

    PLAID is quick and easy to use when connecting your bank accounts. Support response time is quick and efficient, something solutions are not found immediately though.

    Negative

    The back-end for companies could use some work it is very confusing. Submitting tickets are confusing and difficult. It is near impossible to get a ticket entered without having to deep dive into the transactions and finding request codes.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Customer Care Coordinator
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set 3 out of 5 stars
    Layout 3 out of 5 stars
    Ease Of Use 4 out of 5 stars
    Cost 4 out of 5 stars
    Customer Service 3 out of 5 stars
    Would you Recommend to Others? 8 out of 10

    Plaid connectivity

    4 out of 5 stars Date: May 18 2021
    Summary

    Overall Plaid has been instrumental in the development of our company. There are issues that eventually get smoothed out. This is a great option for startup companies and relatively easy to use. The only suggestion is to upgrade the search bar to offer an advance setting to find banks easier.

    Positive

    Plaid was able to integrate banks that were not currently available. The time frame was six months but the integration process happened in three months. That was great as we can offer our services to more customers. Plaid has the vast majority of major banks, not so much smaller banks and credit unions.

    Negative

    There is no search option on their website to see if the bank institution is available through plaid. This would make it easier to let customers know right away instead of creating a fake application and searching on a live application.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Intern
    Has used product for: 6-12 Months
    Uses the product: Weekly
    Org Size (# of Employees): 20,000 or More
    Would you Recommend to Others? 10 out of 10

    Supports most major banks

    5 out of 5 stars Date: Jul 17 2020
    Summary

    Fantastic experience using Plaid. Highly recommend it for apps that need to accept a variety of payment methods.

    Positive

    I'm a huge fan of how easy Plaid's API makes it to enable connecting different payment sources from different banks. The user logs in with the same online banking credentials they normally do, and the data stays where it's supposed to.

    Negative

    Nothing, really. From a user experience perspective Plaid's doesn't leave much to be desired.

    Read More...
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