FinTech Alliance company Bankable has entered into a global strategic partnership with Plaid.
Bankable customers will be able to use Plaid’s technology to connect with their users’ bank accounts worldwide.
Plaid’s API technology will help Bankable increase speed to market.
Plaid currently connects 15,000 banks in the US and Europe.
What does this mean?
Eric Mouilleron, CEO and Founder of Bankable said: “Like Bankable, Plaid is a FinTech enabler providing an infrastructure as a service to power various business cases in lending, personal / business finance, consumer payments. Plaid and Bankable are both focused, since inception, on democratising financial services through technology.
“This reciprocal global partnership will help us to provide more services to our respective banking and FinTech clients.”
You can read more about Bankable here.