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Bankable announces strategic partnership with Plaid

Thursday 16 January 2020 13:07 CET | News

UK-based BaaS solution provider Bankable has announced a strategic partnership with Plaid, a data network powering fintech apps.

 

The partnership will allow Bankable’s customers the ability to use Plaid’s technology to connect with their users’ bank accounts worldwide. In addition, Plaid customers will gain access to Bankable’s cloud-based banking and payment platform.

By leveraging Plaid’s API technology, Bankable will further enable quick time to market for its clients. Plaid provides connectivity to 15,000 banks in the US and Europe.

News of the partnership came out amid the announcement that Visa has decided to acquire Plaid startup, in a deal worth USD 5.3 billion, according to CNBC sources, cited by The Paypers.


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Keywords: Plaid, Bankable, Visa, Banking-as-a-service, API technology, banking and payments platform, banking platform, United States, Unjited Kingdom, Europe
Categories: Banking & Fintech | Online & Mobile Banking
Countries: United States
This article is part of category

Banking & Fintech