The tools developers need to create easy and accessible experiences for their users. With just a few lines of code, users can connect to more than 12,000 financial institutions.
The community submitted 24 reviews to tell
us what they like about Plaid, what Plaid can do better, and
more.
5.0
Based on 24 reviews
Review Plaid?
Reviews are sparse and come almost entirely from founders, but the pattern is consistent: teams say Plaid is a dependable core layer for financial data and bank connections, with simple integration, broad institution coverage, and a strong sense of security. Makers of Jupid, Ray, and Lums describe it as foundational to connecting user accounts and powering fintech features from day one. There is little direct end-user feedback here, and almost no criticism to balance that view.
+21
Summarized with AI
Pros
Cons
ReplayAutonomous app testing for teams who ship at AI-speed
1. Consumers can verify their financial accounts. We do something unique when we bring this verified data to the consumer's phones, in addition to end-to-end encryption, we strip out the personal data and encrypt and store it separately on the consumer's mobile phones from their financial data! Data is not stored on servers, not even ours! 2. We also use Plaid to verify identity to combat fraud - however, we don't store or share this data (i.e., your license or passport) with financial institutions other than letting them know we checked identity.
Plaid's open banking features enabled us access to real-time transactions which drives our loyalty rewards program. Their clean UI makes our user onboarding a breeze.
Huge thanks to Plaid for powering our fintech infrastructure! Their rock-solid APIs enabled us to seamlessly integrate bank connections and financial data with enterprise-grade security. Plaid's reliable platform gave our users the confidence to connect their accounts, making our core value proposition possible from day one.
Awesome that they let developers use the api for free. The only complaint is that integrations seem to break a lot, leaving its reliability a bit to be desired. But when it works, it's great.
For our fiat to stablecoin conversions, Plaid is the gold standard. It allows users to connect bank accounts securely and move money into a Virtual Account where stablecoin conversion happens before settling to a user's wallet.
Building accounting software without syncing bank account transactions would be nightmare for business owners and accountants, Plaid API and its documentation is super slick and detailed.
Plaid makes bank integrations seamless so that setting up your Climatize can be done in minutes in a safe & encrypted way - we make sure that all your credentials are stored behind top notch security.
What's great
end-to-end encryption (2)secure bank integration (4)
Thanks, Plaid, for helping our users securely connect their accounts. Luci does not store any user transaction data on our server to protect privacy and for increased security!