Last updated 1 month ago
No coding required.
Plaid helps businesses seamlessly connect with user-permissioned financial account data using API integrations for endless possibilities of financial apps and services.
Plaid is a service that provides the technology to connect your financial accounts and share their data with an app, service, or company.
You might choose to share your account information through Plaid in order to get access to a service or product.
Plaid software operates between your financial information and financial sites where you want to receive your data.
Using a service like Plaid prevents financial sites from having access to all of your banking and other data.
Instead, you only share the specific information that you indicate.
Financial institutions and lending platforms can integrate with Plaid to streamline the loan application and underwriting process.
By accessing an applicant's financial data through Plaid, lenders can verify income, analyze spending patterns, and assess creditworthiness more efficiently.
Plaid's services can be used to verify the identity of individuals during user onboarding or authentication processes.
By connecting to users' bank accounts, Plaid can validate their ownership and identity information.
Login ➡️