About Plaid
What is Plaid?
Plaid is the financial data network that Finta uses to securely connect your bank accounts and financial institutions. Think of Plaid as the trusted bridge between your banks and the apps you use—including Finta.
Plaid powers some of the world's most popular financial apps, including Venmo, Robinhood, Acorns, and thousands of others. When you connect your bank account through Finta, you're using Plaid's secure infrastructure to establish that connection.
What Does Plaid Do?
Plaid enables Finta to access your financial data in a safe, read-only manner. Here's what happens:
Account Connection: When you link a bank account in Finta, Plaid authenticates your credentials with your bank and establishes a secure connection.
Transaction Sync: Plaid retrieves your transaction history and account balances, which Finta then syncs to your chosen destinations like Google Sheets, Notion, or Airtable.
Real-Time Updates: Plaid monitors your accounts for new transactions and sends updates to Finta, keeping your financial data current across all your tools.
Multi-Institution Support: Plaid connects to over 12,000 financial institutions across North America, from major banks to local credit unions, investment accounts, and credit cards.
Security & Privacy
Your financial security is Plaid's top priority, and they maintain industry-leading security standards:
Bank-Level Encryption
All data transmitted through Plaid is encrypted using 256-bit SSL/TLS encryption—the same security standard used by financial institutions.
Read-Only Access
Plaid can only read your account information. It cannot move money, make purchases, or initiate any transactions on your behalf.
Data Protection
Plaid is regularly audited by third-party security firms
Holds SOC 2 Type II certification
Compliant with strict financial regulations including GLBA, CCPA, and GDPR
Uses multi-factor authentication to verify your identity
Trusted by Banks
Major banks and financial institutions work directly with Plaid and trust their security infrastructure. Many banks have official partnerships with Plaid to provide better connectivity for their customers.
Why Finta Uses Plaid
Finta relies on Plaid's infrastructure because it provides:
Reliability: Industry-leading uptime and connection stability
Coverage: Access to thousands of financial institutions
Security: Enterprise-grade security that meets strict financial standards
Trust: Proven track record powering millions of financial connections
When you connect your accounts through Finta, you're benefiting from Plaid's years of experience building secure financial infrastructure.
Learn More
For more detailed information about Plaid's security practices and data handling, visit Plaid's Security page.
If you have questions about how Finta uses Plaid to protect your data, please reach out to our support team.