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Products & Services
AddedApr 29, 2026
UpdatedMay 31, 2026
Plaid Network

Plaid Network

Service
Currently Offered

Plaid Network is an open banking API connecting fintech apps to thousands of banks, credit unions, and brokerages.

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Overview

Plaid Network is the financial data infrastructure built by Plaid, providing APIs that let fintech apps and consumer products securely connect to user-authorized bank, credit union, brokerage, and payroll accounts. Customers integrate Plaid for account linking, identity verification, balance checks, transaction history, and payment initiation without handling raw banking credentials, with screen-scraping replaced by direct API and open banking connections.

The network reaches more than 12,000 financial institutions and powers over 7,000 apps and services, making it the largest open banking aggregator in the US. Plaid Network competes with Envestnet Yodlee, MX, Akoya, and Morningstar ByAllAccounts on the wealth-management and consumer-fintech data-aggregation stack.

Plaid Network - Classification

Industry
  • Financial Technology Companies
Technology
  • API
Customer
  • Enterprises

Plaid Network - Direct Competitors

  • Morningstar

    Morningstar logo

    ByAllAccounts

    morningstar.com

AttributePlaid NetworkByAllAccounts
ProviderPlaidplaid.com$734.3M raisedMorningstarmorningstar.com$91M raised · Public
Founded20131984
Sells ToEnterprisesIndividuals, Institutional
Pricing ModelSubscriptionSubscription
OwnershipPrivatePublic, Public-Private Partnership
Plaid Network

Provider Plaidplaid.com$734.3M raised

Founded 2013

Sells To Enterprises

Pricing Model Subscription

Ownership Private

ByAllAccounts

Provider Morningstarmorningstar.com$91M raised · Public

Founded 1984

Sells To Individuals, Institutional

Pricing Model Subscription

Ownership Public, Public-Private Partnership

Plaid Network - Similar Products & Services

  • MX Account Aggregation logo

    MX Account Aggregation

    mx.com

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