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April 27, 2016

Plaid named a Gartner 'Cool Vendor'

Baker Shogry

Updated on November 21, 2018

We’re excited to share that Plaid has been named a Cool Vendor in

financial services by leading research company Gartner.

“The Cool Vendors in Consumer Financial Services, 2016” report,

published this month, highlights Plaid’s focus on empowering consumers

and developers.

We’re especially proud to be selected for Gartner’s consumer-focused

report, because it underscores the impact our platform has for

consumers across the broader ecosystem—from lowering the barriers to

entry for developers to deliver great services, to promoting the use of

credential-based logins.

The note, published by Rajesh Kandaswamy, points out that Plaid makes

it possible to reimagine financial services completely with our

developer-friendly platform. Plaid’s technology makes bank data more

useful (and useable)—to benefit banks, developers, and consumers

themselves and democratize access to this data across practically

every U.S. bank.

“While this data exists, it remains behinds the walls of the owning

banks, and security and privacy concerns make it difficult to share,”

the report reads. “Plaid’s API approach is a start for being able to

use this data for new and better services.”

To get a copy of the full report, check out Gartner’s website

here.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in

our research publications, and does not advise technology users to

select only those vendors with the highest ratings or other

designation. Gartner research publications consist of the opinions of

Gartner's research organization and should not be construed as

statements of fact. Gartner disclaims all warranties, expressed or

implied, with respect to this research, including any warranties of

merchantability or fitness for a particular purpose.