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Plaid
What is Plaid and why does Benjamin use it?
Plaid is a financial technology company that provides a platform for users to connect and track their bank and credit card accounts. Plaid’s connection with Benjamin platform allows users to view their transaction history, account balances, and other financial information in one place. It is mainly used by fintechs and other financial services companies to provide their customers with a more convenient way to manage their finances and make better financial decisions.
Companies like Cash App, Current and Venmo are using Plaid the same way as we do. Bottom line is we want your data to be 100% secure. We do not store your banking or credit card connection data. The entire connection data is encrypted and held by Plaid. This is why we use Plaid.