Core:Plaid API Integration

Plaid enables you to connect with users’ bank accounts at over 11,000 financial institutions across the US and UK. Using our Plaid integration, Codat clients can connect to and retrieve SMB customers' banking data in a standardized format, alongside accounting and commerce data.

Why Codat + Plaid?

Categorize bank transaction data

While highly reliable, bank account data lacks context. But when enriched with accounting data from Codat, it becomes a high-integrity data source you can confidently underwrite against.

Popular ways to use a Plaid integration

Loan qualification

Categorize bank transactions with accounting software data to make faster, more confident underwriting decisions.

Financial planning and analysis

Develop powerful dashboards and forecasts using a real-time Plaid integration.

AR and AP automation

Optimize your payments processing and invoicing solutions with smarter, faster accounting integrations.

How it works

Codat provides consented access to your business customers’ bank account data via Plaid’s official Application Programming Interface (API). Your customers control this access at all times, and we never see their login credentials.

Seamless onboarding experience

Connect all your customers’ data in one link flow

Make life easy for your customers by connecting accounting, commerce, and banking data in a single link journey. Surface Plaid’s Link product within Codat’s own no-code authorization UI.

Data security is at the heart of everything we do

With Codat, your customer’s data is held to the highest level of bank-grade data security protocols at all times. It is encrypted end-to-end, in transit using SSL and at rest using AES-256 managed by Microsoft Azure. In addition, Codat has passed all requisite penetration tests and is ISO27001, SOC 2, and GDPR compliant. For information on Plaid’s information security see here.