Finmap + Plaid: Automatic Bank Data Sync
Plaid is a financial data network that connects apps like Finmap to thousands of banks and other financial institutions, handling the bank-linking layer so an individual app doesn't have to build and maintain a direct connection to every bank on its own.
Finmap's own homepage states it offers "2800+ integrations with various services." Plaid is one of the ways Finmap reaches that breadth of institutions — rather than building a direct connection to every bank one at a time, Finmap can draw on Plaid's existing network to reach a large number of them at once.
Plaid itself doesn't hold or move a business's money — it's a data layer that sits between a bank and the apps a business connects, including Finmap. Finmap works the same way on its end: it aggregates the transaction data that comes through, and a business's funds stay exactly where they are, in its own bank account.
For a business with accounts spread across multiple banks, a Plaid connection means Finmap can pull that transaction data into a single forecast automatically, instead of someone checking each bank separately and combining the numbers by hand.
