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Support Plaid banking aggregator #9419

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smpltechno opened this issue Apr 2, 2024 · 2 comments
Open

Support Plaid banking aggregator #9419

smpltechno opened this issue Apr 2, 2024 · 2 comments

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@smpltechno
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smpltechno commented Apr 2, 2024

Sadly my bank is not found in Yodlee, but on my other app that uses Plaid.com they are there... This is probably not a priority for devs, but I signed up for Enterprise license solely for the purpose of banking integration, and I use a small bank because they get more done for me than the big guys that I left, this bank did more for me in the first month as a brand new startup with zero credit than what Chase did in 15 years.

https://plaid.com/docs/api/

So thanks for all you devs do, IN is an awesome product, I would love to see Plaid integration for banking.

@mwa85
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mwa85 commented Apr 2, 2024

+1
Would be nice, I would like our US bank also being integrated like our European banks are with Gocardless/Nordigen integration, and going with the hosted edition is not an option do to custom integrations need.
Sadly Yodlee is not accessible/affordable for self-hosted and don't looks as supported as Plaid, so yeah.

@smpltechno
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smpltechno commented Apr 3, 2024

Just a follow up for encouragement... I was referred to a 2nd mid-sized local bank, and they also are not on Yodlee, but are on Plaid. I have a 3rd fairly large credit union that is on Yodlee, but using the integration fails, it gets authorized thru Yodlee, and the bank dashboard shows Invoice Ninja is connected and active, but it throws an error returning to the Yodlee page, and there are no banks in IN, also errors with Chase and another small bank on yodlee... I understand this is probably a technical issue between Yodlee and my bank, and no fault of IN...

I signed up for a free Plaid account where I can access their entire list of banks (the one on their main site is only partial) (Under Activity> Status> search box) I checked ALL the local banks in a ~100km radius of me in southern CA - they are ALL available on Plaid. My other accounting app I am attempting to leave uses Plaid and the account link took under 1 minute and it was fully connected. I am not shocked that Yodlee doesnt support any of my small local banks - but I was shocked that Plaid supports ALL of them.

On top of all this, I suspect Plaid's fees are much lower than Yodlee, at least for my small needs they would only charge me $0.30/month... Maybe at scale for hundreds of connected accounts Yodlee is less? Maybe this is ideal for self hosted.

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