Plaid
Connect bank accounts and access transactions, balances, and identity via one open banking API.
Visit website plaid.com
Overview
Plaid connects applications to end users' bank accounts across North America and parts of Europe, returning account, transaction, and identity data through a single API.
The product set is split by purpose: Auth returns account and routing numbers, Transactions returns categorised history, Identity returns KYC-ready account-holder details, and Transfer initiates ACH and RTP payments. End users connect their bank through Link, a hosted front-end module.
Common use cases
- Verify a bank account before initiating an ACH debit
- Pull categorised transaction history for budgeting features
- Confirm income and assets during a lending application
- Let a user link multiple bank accounts in one flow
Key features
- Auth for instant bank account and routing number verification
- Transactions with categorized historical and real-time data
- Identity for KYC-ready name, address, and phone verification
- Assets for income, employment, and asset verification
- Transfer for ACH and RTP payment initiation
- Signal for ACH transaction risk scoring and return prediction
- Link drop-in module with 12,000+ institution coverage
- Support for linking multiple accounts across institutions
Sources and evidence
FintechToolkit records the source behind core directory claims. This profile’s sources were last captured on . Validate time-sensitive commercial, regulatory, and availability details directly with the provider.
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