18 years helping British businesses
choose better software

What is Plaid?

Make smarter lending decisions with Plaid. Connect instantly to source data, give customers a smooth experience, and drive efficiency through automation.

Who Uses Plaid?

Plaid's Asset product is a great fit for a loan originator looking to digitize the lending process and create a better borrower experience.

Plaid Software - Verify bank account income with Plaid's Income product
Plaid Software - Verify user identity with Plaid's IDV product
Plaid Software - Enable users to instantly connect their bank accounts via Plaid Link
Plaid Software - Get an in-depth snapshot of a user's finances with Plaid's Assets product
Plaid Software - Create accurate and custom transaction risk assessments with Plaid's Signal product

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Reviews of Plaid

Average score

Overall
4.3
Ease of Use
4.3
Customer Service
4.3
Features
4.2
Value for Money
4.3

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Lindsey Raye
Lindsey Raye
Digital Marketing Specialist in US
Verified LinkedIn User
Marketing & Advertising, Self Employed
Used the Software for: 6-12 months
Reviewer Source

Secure, Easy Access from Plaid to your Financial Institution Process

5.0 last year

Pros:

It was safe and secure- took me to log in via Bank of America and quickly linked up

Cons:

Didn’t have one of online accounts, Chime in there which is Stride NA bank.

Desiree
Product Designer in US
Financial Services, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

Responsive customer support

4.0 6 months ago

Comments: The overall experience with Plaid is pretty good. Because the customer support is loads better than Yodlee's, I would say it is a good syncing vendor choice. But there will still be some headaches you should anticipate.

Pros:

Being new the finance industry, I am still able to navigate Plaid's system, and I can always count on receiving a reply from Plaid's customer support within a couple days of submitting a ticket.

Cons:

Plaid's dropping of working with Fidelity caused us a huge amount of headache, and I wish there were a better resolution.

Jay
Pool boy in US
Construction, Self Employed
Used the Software for: 1+ year
Reviewer Source

This is my plaid

4.0 2 months ago New

Comments: I enjoy this app especially how secure and safe. It keeps my information.

Pros:

How secure it is and easy to understand!

Cons:

Does not support all the banks that are mostly used

Verified Reviewer
Verified LinkedIn User
Banking, 51–200 Employees
Used the Software for: 1-5 months
Reviewer Source
Source: GetApp

Watch out for false promises from Plaid prior signing agreements

1.0 7 months ago

Comments: I will not recommend them to any of my peers as they are awful from a commitment and follow through standpoint.

Pros:

During the sales phase, Plaid makes all kinds of promises to the functionality and their willingness to work with you. Don't believe.

Cons:

Plaid will make false promises in the sale cycle and not follow through. Do not sign any agreements with them.

Nick
Assistant Property Manager in US
Real Estate, 51–200 Employees
Used the Software for: 6-12 months
Reviewer Source

Plaid gets it Paid.

5.0 4 months ago

Comments: I had to use plaid multiple times to help residents set up their rent payments.

Pros:

It easily connects with different bank accounts in order to make payments via ACH.

Cons:

It was a very thorough 2 step process to verify identity.