|
|
|
|
|
|
by felideon
3395 days ago
|
|
|
This looks great, can't wait to try it out. I hadn't heard of Plaid until now. It seems like they are stealing Yodlee's thunder. Is there a reason why Yodlee is falling out of favor with the new fintech generation of startups? Another question, do you rely on Plaid's categorization, or did you write your own ML for the categorization? |
|
|
They wanted us to pay a hefty initial sign up fee ($XXXXX), pay monthly fee per user ($0.XX) and also they had minimums. Being students at the time we were just shocked and disheartened until we saw Plaids great pricing (free whilst in development and $500pm to set the product live) and tried to convince them to come to London which they told us was only 6 months away. It's been 2 years and they're still not here lol.
But there are a few more options in London now. I bumped into Steve Graham way back at HN's London event and he was working on Teller (https://teller.io/) which is now in beta and works pretty well from my testing.
There's also Saltedge (https://www.saltedge.com/) which is used by a few London fintech apps and I believe they have a startup package that a few apps like Cleo (https://meetcleo.com/) started on.
Some new startups still choose Yodlee though like moneybox (https://www.moneyboxapp.com) but they raised significantly more that we had (we had a very very small grant from our University).