Plaid

Plaid is a financial technology company that develops software enabling applications to securely connect with users’ bank accounts. It acts as a bridge, allowing apps like budgeting tools or payment services to access bank data—such as balances and transactions—after user permission. This connectivity facilitates services like automatic expense tracking or verifying account ownership, enhancing financial management and payment processes. Plaid ensures data security through encryption and strict privacy standards, making digital financial interactions smoother, safer, and more integrated without requiring users to manually share login details.