Wise and Plaid Partner for Financial Data Connectivity
Aug 10th, 2022Partnership
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Wise has partnered with Plaid to launch an open finance agreement, enabling secure connectivity for customers across financial platforms.
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Users can now link their Wise accounts to over 6,000 apps using Plaid’s Core Exchange, facilitating easy and secure money movement.
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The integration aims to meet consumer demand for seamless financial transactions, with 69% of U.S. consumers ready to switch institutions for better fintech app connectivity.
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Core Exchange is live for Wise’s 13 million customers, supporting use cases such as P2P payments, investments, payroll, and paying taxes in several states.
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The partnership emphasizes consumer data control and transparency, promising deeper market integrations to serve American consumers efficiently.