Plaid Reports 55% Customer Growth in European Open Banking Ahead of 2025
DEFENSE
Plaid has reported a 55% increase in new customer acquisitions in Europe, driven by partnerships with companies like Zilch and Squarespace that enhance payment processes. Open banking payments in the UK have grown by 53% annually, with a notable rise in recurring bank payments and improved conversion rates from new offerings. Additionally, Plaid's 'Security as a Platform' initiative aims to bolster security in software development through automated monitoring and alerts.

Jan 25, 2026, 2:16 PM