Plaid Network is an open banking API connecting fintech apps to thousands of banks, credit unions, and brokerages.
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.
| Attribute | Plaid Network | Akoya Data Access Network | ByAllAccounts | |
|---|---|---|---|---|
| Provider | |  |  | |
| Founded | 2013 | 2020 | 1984 | |
| Sells To | Enterprises | Financial Institutions, Fintechs | Individuals, Institutional | |
| Pricing Model | Subscription | Subscription | Subscription | |
| Ownership | Private | Private | Government-owned, Public |
Provider
Founded 2013
Sells To Enterprises
Pricing Model Subscription
Ownership Private
Founded 2020
Sells To Financial Institutions, Fintechs
Pricing Model Subscription
Ownership Private
Provider
Founded 1984
Sells To Individuals, Institutional
Pricing Model Subscription
Ownership Government-owned, Public
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