What Plaid AI does
Plaid connects financial data from financial institutions to apps and services, and is aimed at companies building fintech products. Named products include Auth, Identity, Balance, Signal, Transfer, Identity Verification, Monitor, Transactions, Investments, Liabilities, Enrich, Assets, Income, Underwriting, Plaid Link, Layer, Protect, LendScore, Guarantee, and Database Auth. Listed use cases include bank payments, fraud and risk prevention, identity verification, KYC and AML compliance, consumer lending, mortgage, insurance, and personal financial management. Developers get API documentation, a quickstart, and client libraries, while financial institutions can use Open Finance Solution, Core Exchange, Permissions Manager, and App Directory. The page links to a pricing page but does not state a pricing model.
How Plaid AI compares with its closest alternatives
2 of the 5 closest alternatives have a free plan; Plaid AI does not. Only Financial Datasets lists a starting price, $200 a month. All 5 offer an API, as Plaid AI does. Plaid AI was founded in 2013; the alternatives were founded between 2018 and 2021. Plaid AI is based in San Francisco, United States; all the 3 alternatives with a known headquarters are in the United States too.