Plaid

Plaid is a prominent fintech company founded in 2013, specializing in creating secure connections between financial applications, banks, and users' accounts. It supports over 12,000 applications and connects to approximately 10,000 banks globally. Plaid's mission is to democratize financial services through technology, acting as a secure intermediary for data transfer. The platform serves half of U.S. adults and has a valuation of around $13.4 billion. Plaid's flagship product, Plaid Link, offers a developer-friendly API for seamless onboarding, enabling apps to access banking data without direct bank integrations. The company provides various services, including secure bank payments, fraud prevention, personal finance insights, and compliance solutions. Its offerings are designed to enhance user experience and improve financial services through a growing network of connections. Notable applications powered by Plaid include Venmo, Robinhood, and Coinbase, among others, supporting a diverse ecosystem for consumers and businesses alike.