This partnership is aimed at ultimately tripling the number of high-quality bank feeds available to customers in the U.S., the companies said. With this collaboration, Xero’s customers gain access to more than a thousand bank connections through Plaid’s network of U.S. financial institutions.
“For the many small businesses that form the backbone of local economies, access to community-focused finance providers is crucial, given the vast number of banks and credit unions nationwide,” Xero and Plaid said in the release.
