Treasury Prime, a leading Banking-as-a-Service (BaaS) company, today announced a partnership with Plaid, the API-first data network powering the digital financial ecosystem, to deliver seamless integration between Treasury Prime-supported accounts and any external fintech available via the Plaid ecosystem.
Leveraging a proprietary solution, the relationship allows Treasury Prime customers to link their accounts to a range of fintechs – including Branch, Rocket Money, You Need a Budget, Qapital, and Betterment – in order to deliver payments all within a matter of seconds. No longer will customers have to repeatedly enter their account and routing numbers to complete the connection. This feature accelerates the transaction speed and delivers a better overall user experience.
“By working with Plaid, we are able to deliver a safe, secure and simplified payment system that every company in our network can leverage and that meets the demands of the changing payment landscape,” said Chris Dean, co-founder and CEO of Treasury Prime.
The announcement of Treasury Prime’s integration with Plaid is the latest in a series of partnership announcements from the award-winning BaaS firm. The company recently announced acceptance into Jack Henry Vendor Integration Program as well as the addition of FirstBank and Bangor Savings Bank to its one-of-a-kind bank network.