Plaid
Plaid is a fintech platform that connects apps to users’ bank accounts, enabling secure access to financial data and payments.
Introduction
Introduction
What is Plaid?
Plaid is a company that enables applications to connect with users’ bank accounts to access financial information. Founded in the United States in 2013, Plaid operates primarily in North America, with expanding coverage in parts of Europe.
Introduction
What is Plaid?
Plaid is a company that enables applications to connect with users’ bank accounts to access financial information. Founded in the United States in 2013, Plaid operates primarily in North America, with expanding coverage in parts of Europe.
Product suite
Product suite
Product suite
Plaid Products
Payments
Verify accounts, check balances, and support one-time or recurring payments in 20 countries.
Payments
Verify accounts, check balances, and support one-time or recurring payments in 20 countries.
Payments
Verify accounts, check balances, and support one-time or recurring payments in 20 countries.
Financial Data
Verify users’ identities and reduce fraud.
Financial Data
Verify users’ identities and reduce fraud.
Financial Data
Verify users’ identities and reduce fraud.
Onboarding
Enable your users to instantly connect their financial accounts.
Onboarding
Enable your users to instantly connect their financial accounts.
Onboarding
Enable your users to instantly connect their financial accounts.
Overview
Overview
Overview
Plaid Alternatives
Ivy
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Ivy enables real-time Open Banking-powered payments with bank-grade security and high conversion rates.
TrueLayer
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TrueLayer is a fintech platform enabling secure, real-time access to bank data and payments via Open Banking APIs for developers.
Yapily
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Yapily is an Open Banking platform providing secure API access to financial data and payments across the UK and Europe.
Trustly
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Trustly is a global fintech company enabling fast, secure direct bank payments and account verification across Europe, North America, and beyond.
Versus
Versus
Versus
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This information is provided for general informational purposes only and is based on publicly available sources as of January 2026. It is intended solely to describe certain third party products and services in a factual and non evaluative manner. We do not represent, endorse, or have any affiliation, partnership, or commercial relationship with any third party provider unless explicitly stated. Product features, service scope, and regulatory permissions may change over time and may differ depending on jurisdiction. Readers should independently verify any information directly with the respective provider before making business or commercial decisions. All third party product names, trademarks, and logos are the property of their respective owners. For corrections or updates, please contact shifa.rahaman@getivy.io.
This information is provided for general informational purposes only and is based on publicly available sources as of January 2026. It is intended solely to describe certain third party products and services in a factual and non evaluative manner. We do not represent, endorse, or have any affiliation, partnership, or commercial relationship with any third party provider unless explicitly stated. Product features, service scope, and regulatory permissions may change over time and may differ depending on jurisdiction. Readers should independently verify any information directly with the respective provider before making business or commercial decisions. All third party product names, trademarks, and logos are the property of their respective owners. For corrections or updates, please contact shifa.rahaman@getivy.io.
This information is provided for general informational purposes only and is based on publicly available sources as of January 2026. It is intended solely to describe certain third party products and services in a factual and non evaluative manner. We do not represent, endorse, or have any affiliation, partnership, or commercial relationship with any third party provider unless explicitly stated. Product features, service scope, and regulatory permissions may change over time and may differ depending on jurisdiction. Readers should independently verify any information directly with the respective provider before making business or commercial decisions. All third party product names, trademarks, and logos are the property of their respective owners. For corrections or updates, please contact shifa.rahaman@getivy.io.
FAQ
Frequently asked questions
Is Plaid safe?
Yes, Plaid is safe. It uses encryption and security protocols to protect users' data. Plaid is also compliant with financial regulations like PSD2, ensuring secure access to sensitive financial information. Additionally, it works with trusted financial institutions to provide secure connections, minimizing risks associated with data breaches or unauthorized access.
How does Plaid work?
Plaid works by connecting applications to users’ bank accounts through secure APIs. With user consent, Plaid enables access to financial data such as balances and transactions, helping businesses build payments, lending, budgeting, and other financial services
What is Plaid banking used for?
Plaid is used to connect applications with users’ bank accounts, allowing access to financial data such as balances and transactions or enabling payments. It is commonly used by financial apps for budgeting, payments, lending, and account verification, with user consent.
What banks does Plaid support?
Plaid supports thousands of banks and financial institutions across multiple countries, including major national banks and many regional institutions. Coverage varies by location and bank capabilities. For the most up-to-date and detailed information, refer to Plaid’s website or contact them directly.
How long do Plaid transfers take?
Transfer times with Plaid vary depending on the payment method, bank, and location. Some transfers can be near-instant, while others may take several business days. Timing depends on bank processing and service configuration. For exact details, refer to Plaid’s website or contact them directly.
How much does Plaid cost?
Plaid has several pricing models: one-time fees, monthly subscriptions, or per-request charges, depending on which API products you use. For fees and charges, reach out to them directly.
How secure is Plaid?
Plaid uses encryption, access controls, and security monitoring to help protect financial data. Access is permission-based, and users control what information is shared. Security practices align with industry standards. For full details on safeguards, refer to Plaid’s website or contact them directly.
FAQ
Frequently asked questions
Is Plaid safe?
Yes, Plaid is safe. It uses encryption and security protocols to protect users' data. Plaid is also compliant with financial regulations like PSD2, ensuring secure access to sensitive financial information. Additionally, it works with trusted financial institutions to provide secure connections, minimizing risks associated with data breaches or unauthorized access.
How does Plaid work?
Plaid works by connecting applications to users’ bank accounts through secure APIs. With user consent, Plaid enables access to financial data such as balances and transactions, helping businesses build payments, lending, budgeting, and other financial services
What is Plaid banking used for?
Plaid is used to connect applications with users’ bank accounts, allowing access to financial data such as balances and transactions or enabling payments. It is commonly used by financial apps for budgeting, payments, lending, and account verification, with user consent.
What banks does Plaid support?
Plaid supports thousands of banks and financial institutions across multiple countries, including major national banks and many regional institutions. Coverage varies by location and bank capabilities. For the most up-to-date and detailed information, refer to Plaid’s website or contact them directly.
How long do Plaid transfers take?
Transfer times with Plaid vary depending on the payment method, bank, and location. Some transfers can be near-instant, while others may take several business days. Timing depends on bank processing and service configuration. For exact details, refer to Plaid’s website or contact them directly.
How much does Plaid cost?
Plaid has several pricing models: one-time fees, monthly subscriptions, or per-request charges, depending on which API products you use. For fees and charges, reach out to them directly.
How secure is Plaid?
Plaid uses encryption, access controls, and security monitoring to help protect financial data. Access is permission-based, and users control what information is shared. Security practices align with industry standards. For full details on safeguards, refer to Plaid’s website or contact them directly.
FAQ
Frequently asked questions
Is Plaid safe?
Yes, Plaid is safe. It uses encryption and security protocols to protect users' data. Plaid is also compliant with financial regulations like PSD2, ensuring secure access to sensitive financial information. Additionally, it works with trusted financial institutions to provide secure connections, minimizing risks associated with data breaches or unauthorized access.
How does Plaid work?
Plaid works by connecting applications to users’ bank accounts through secure APIs. With user consent, Plaid enables access to financial data such as balances and transactions, helping businesses build payments, lending, budgeting, and other financial services
What is Plaid banking used for?
Plaid is used to connect applications with users’ bank accounts, allowing access to financial data such as balances and transactions or enabling payments. It is commonly used by financial apps for budgeting, payments, lending, and account verification, with user consent.
What banks does Plaid support?
Plaid supports thousands of banks and financial institutions across multiple countries, including major national banks and many regional institutions. Coverage varies by location and bank capabilities. For the most up-to-date and detailed information, refer to Plaid’s website or contact them directly.
How long do Plaid transfers take?
Transfer times with Plaid vary depending on the payment method, bank, and location. Some transfers can be near-instant, while others may take several business days. Timing depends on bank processing and service configuration. For exact details, refer to Plaid’s website or contact them directly.
How much does Plaid cost?
Plaid has several pricing models: one-time fees, monthly subscriptions, or per-request charges, depending on which API products you use. For fees and charges, reach out to them directly.
How secure is Plaid?
Plaid uses encryption, access controls, and security monitoring to help protect financial data. Access is permission-based, and users control what information is shared. Security practices align with industry standards. For full details on safeguards, refer to Plaid’s website or contact them directly.
FAQ
Frequently asked questions
Is Plaid safe?
Yes, Plaid is safe. It uses encryption and security protocols to protect users' data. Plaid is also compliant with financial regulations like PSD2, ensuring secure access to sensitive financial information. Additionally, it works with trusted financial institutions to provide secure connections, minimizing risks associated with data breaches or unauthorized access.
How does Plaid work?
Plaid works by connecting applications to users’ bank accounts through secure APIs. With user consent, Plaid enables access to financial data such as balances and transactions, helping businesses build payments, lending, budgeting, and other financial services
What is Plaid banking used for?
Plaid is used to connect applications with users’ bank accounts, allowing access to financial data such as balances and transactions or enabling payments. It is commonly used by financial apps for budgeting, payments, lending, and account verification, with user consent.
What banks does Plaid support?
Plaid supports thousands of banks and financial institutions across multiple countries, including major national banks and many regional institutions. Coverage varies by location and bank capabilities. For the most up-to-date and detailed information, refer to Plaid’s website or contact them directly.
How long do Plaid transfers take?
Transfer times with Plaid vary depending on the payment method, bank, and location. Some transfers can be near-instant, while others may take several business days. Timing depends on bank processing and service configuration. For exact details, refer to Plaid’s website or contact them directly.
How much does Plaid cost?
Plaid has several pricing models: one-time fees, monthly subscriptions, or per-request charges, depending on which API products you use. For fees and charges, reach out to them directly.
How secure is Plaid?
Plaid uses encryption, access controls, and security monitoring to help protect financial data. Access is permission-based, and users control what information is shared. Security practices align with industry standards. For full details on safeguards, refer to Plaid’s website or contact them directly.
Money, at internet speed
INTEGRATION
Copyright © 2025 Ivy GmbH. All rights reserved.
Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act.
Money, at internet speed
INTEGRATION
Copyright © 2025 Ivy GmbH. All rights reserved.
Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act.
Money, at
internet speed
INTEGRATION
Copyright © 2025 Ivy GmbH. All rights reserved.
Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act.
Money, at internet speed
INTEGRATION
Copyright © 2025 Ivy GmbH. All rights reserved.
Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act.