Plaid lets users connect their financial accounts to apps and services; the connection it provides to users' financial account(s) does not imply affiliation with any financial institution.
It's a software that authenticates your financial information, permitting companies to transfer sensitive information securely. It sits as an intermediary between your bank or credit card accounts and other financial companies’ apps, which employs advanced security and encryption protocols to protect your data during transmission. Plus, it never shares personal information unless it has permission to do so.