Plaid Description

Plaid is an international data network that powers tools used by millions of people to live a more healthy financial life. Our ambition is to facilitate an inclusive, competitive and mutually beneficial financial systems by simplifying payments and revolutionizing lending.

Plaid works with more than 8,000 companies, including fintechs such as Venmo and SoFi and several Fortune 500 companies, to give people more control and choice over how they manage money. Plaid is headquartered in San Francisco and its network spans more than 12,000 institutions throughout the US, Canada UK and Europe.

Pricing

Pricing Starts At:
Free
Pricing Information:
Test for free
Free Version:
Yes

Integrations

API:
Yes, Plaid has an API

Reviews - 5 Verified Reviews

Total
ease
features
design
support

Company Details

Company:
Plaid
Year Founded:
2012
Headquarters:
United States
Website:
Update This Listing

Media

Product Details

Platforms
SaaS
Windows
Mac
iPhone
iPad
Android
Type of Training
Documentation
In Person
Customer Support
Phone Support

Plaid Features and Options

Banking Software

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

Financial Services Software

Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management

Online Banking Software

Brokerage
Cash Management
Chat / Messaging
Credit Card Management
Electronic Statements
Fraud Detection
Loan Management
Marketing Automation
Retail Banking
Single Sign On
Transaction Monitoring

Application Development Software

Access Controls/Permissions
Code Assistance
Code Refactoring
Collaboration Tools
Compatibility Testing
Data Modeling
Debugging
Deployment Management
Graphical User Interface
Mobile Development
No-Code
Reporting/Analytics
Software Development
Source Control
Testing Management
Version Control
Web App Development

Fraud Detection Software

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

Financial Reporting Software

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Financial Risk Management Software

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Loan Servicing Software

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

Mobile Banking Software

Bill Payment
Biometric
Cash Management
Chat / Messaging
Cross Selling Functionality
Digital Wallet
P2P Payments
Remote Deposit
SMS Banking
Transaction Monitoring
Voice Banking

Authentication Software

Biometric
Credential Management
Knowledge-Based Authentication
Mobile Authentication
Multifactor Authentication
Out-of-Band Authentication
Policy Management
Self Service Portal
Single Sign On
Social Sign On

Plaid Lists

Plaid User Reviews

Write a Review
  • Name: Anonymous (Verified)
    Job Title: Product
    Length of product use: 2+ Years
    Used How Often?: Weekly
    Role: User, Deployment
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Plaid review.

    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...
  • Name: Anonymous (Verified)
    Job Title: Coordinator
    Length of product use: 6-12 Months
    Used How Often?: Monthly
    Role: User
    Organization Size: 100 - 499
    Features
    Ease
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Easy to use on the customer side

    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...
  • Name: Anonymous (Verified)
    Job Title: Intern
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 20,000 or More
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Supports most major banks

    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...
  • Name: Anonymous (Verified)
    Job Title: Customer Care Coordinator
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Plaid connectivity

    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...
  • Name: Anonymous (Verified)
    Job Title: Customer Care Coordinator
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Plaid is a decent software

    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...
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