Plaid

Plaid is the infrastructure layer connecting consumer bank accounts to thousands of fintech applications, using AI and machine learning to power financial data access, identity verification, and transaction intelligence. The company's APIs are used by Venmo, Robinhood, Coinbase, and thousands of other fintech apps to access bank data with user permission.

Plaid uses AI to categorize transactions, verify identities, detect fraud, and generate financial insights from raw banking data. The company's transaction categorization engine uses machine learning to classify millions of transaction types accurately, enabling personal finance apps, lending platforms, and wealth management tools to understand consumer financial behavior.

Plaid connects to over 12,000 financial institutions and powers the accounts of tens of millions of consumers. The company has expanded beyond bank connections into identity verification, income verification, and anti-fraud products, becoming an essential piece of financial infrastructure for the digital economy.