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Finance & Economics

Bankable announces new strategic partnership with US fintech

Plaid provides connectivity to 15,000 banks across the US and Europe

Bankable and Plaid

Bankable announces new strategic partnership with US fintech. Source: shutterstock.com

Bankable, Banking as a Service provider, announced its collaboration with Plaid, a data network powering fintech apps. Bankable’s customers will be able to use Plaid’s technology to connect with their users’ bank accounts worldwide.

Bankable offers fintech companies and financial institutions the ability to bring new products to the market, meeting consumer demands, in a short period of time.

With the new partnership, Plaid customers will get access to Bankable’s cloud-based banking and payment platform. By using Plaid’s API technology, Bankable will further enable quick time to market for its clients.

Like Bankable, Plaid is a fintech enabler providing 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 democratizing financial services through technology. This reciprocal global partnership will help us to provide more services to our respective banking and fintech clients
Eric Mouilleron, CEO and Founder of Bankable

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Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.