Mobile apps now allow consumers to trade stocks and crypto (Robinhood), save money (Acorns and Qapital), and make payments (Venmo)—and most have one thing in common: Plaid. Its technology, a suite of banking APIs, enables developers to connect new digital tools to legacy financial systems. A quarter of Americans with bank accounts now use services powered by Plaid, up from 13% in January 2018. Last year, the company launched Assets to automate asset verification for loan applicants. “We’ve digitized that process so it only takes a couple of minutes,” says cofounder and CEO Zach Perret.
collections
NewsletterCourses and LearningAdvertiseCurrent IssueTech Forecast
What’s next for hardware, software, and services
Most Innovative Companies
Our annual guide to the businesses that matter the most
Most Creative People
Leaders who are shaping the future of business in creative ways
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system
Innovation By Design
Celebrating the best ideas in business
Follow us:
