Plaid vs. Sila

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Plaid
Score 9.0 out of 10
N/A
Plaid in San Francisco offers a suite of applications supporting banks with risk management and customer account management features. Plaid is used by digital financial apps and services like Betterment, Expensify, Microsoft and Venmo, and by banks to make it easier for consumers to connect their financial accounts with the apps and services they want to use. Plaid connects with over 11,000 financial institutions across the U.S, Canada and Europe.
$500
per month
Sila
Score 0.0 out of 10
N/A
Sila is an early stage startup headquartered in Portland. The company’s core product is a suite of payments and financial technology APIs that rolls up many frequently used services into a single solution. According to the vendor, this makes developing applications that require banking integration faster, safer, programmable and more affordable than alternative providers.N/A
Pricing
PlaidSila
Editions & Modules
Scale
500+
per month
Test
Free
Launch
Pay as you go
No answers on this topic
Offerings
Pricing Offerings
PlaidSila
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsContact sales team for additional pricing. There may be one-time fees, subscription fees, per-request flat fees, or payment initiation fees depending on your needs.
More Pricing Information
Community Pulse
PlaidSila
Top Pros

No answers on this topic

Top Cons

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Best Alternatives
PlaidSila
Small Businesses
Square Invoices
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Score 9.2 out of 10
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Score 9.2 out of 10
Medium-sized Companies
Apple Pay
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Score 9.1 out of 10
Apple Pay
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Score 9.1 out of 10
Enterprises
Adyen
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Score 8.8 out of 10
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Score 8.8 out of 10
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User Ratings
PlaidSila
Likelihood to Recommend
10.0
(1 ratings)
-
(0 ratings)
User Testimonials
PlaidSila
Likelihood to Recommend
Plaid
Plaid is extremely well suited to be your payment API if you're a start-up looking to scale your banking connections fast and securely. Their API is fully functional upon integration. Most end-users have encountered Plaid before so it's a trusted platform for many consumers so even if you're a new app, users feel comfortable connecting their bank through Plaid.
Read full review
Sila
No answers on this topic
Pros
Plaid
  • Plaid connects with 100s of US consumer banks.
  • Plaid continuously updates its software to meet the requirements of individual banks.
  • Plaid can get your company's payment processing up and running faster than traditional methods.
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Sila
No answers on this topic
Cons
Plaid
  • Consumer feedback or troubleshooting typically comes back to us because Plaid doesn't have an easy way of re-routing support once a user encounters a problem.
  • Update timelines could be clearer when they are working on updating a connection with a certain bank.
  • The search functionality for the user to find their bank could be a little more robust.
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Sila
No answers on this topic
Return on Investment
Plaid
  • Plaid got us up and running with most US-based and even some international banks with minimal engineering effort.
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Sila
No answers on this topic
ScreenShots