May 29, 2019
Plaid in the UK
Updated on May 29, 2019
Making money easier for everyone is what drives us here at Plaid. We hear from customers every day about how fintech is transforming people’s financial lives, making it easier to pay bills, easier to save for retirement, and easier to manage a budget. That ease shouldn’t be limited by where you bank, or where you live.
Over the past few months, we’ve introduced products that allow people to use fintech apps regardless of where they keep their money, whether it’s in a traditional bank or community credit union, or a neobank.
Today, we’re excited to announce that we’re taking the same approach to building a fully inclusive financial system in Europe, starting with the UK.
The UK fintech community is thriving. It’s one of the fastest growing sectors in the UK economy and has produced more than 1,600 fintech companies, a number that is expected to double by 2030. As we’ve done in the U.S., Plaid will become the foundation for that growth by providing access to a financial network that allows developers to deliver the experience users expect from their financial apps.
We now support Transactions, Identity, Auth, Balance, and Assets in the UK. As a registered AISP, we give fintech businesses instant and reliable access to the most popular banks and neobanks, with more on the way. This is just the starting line. We’re building a financial network that will deliver on the promise of open banking with the best in both local expertise and global opportunity.
Whether you’re a start-up looking to bring a new idea to market, or a large enterprise looking to leverage the latest in fintech on a global stage, we invite you to partner with us. For existing customers, we’ve made it easy for you to add UK coverage through your existing integration with us. New customers can learn more and sign up for a Plaid account here.