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Category: APIs

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Why, despite having a lead on open API banking and clear data protection laws, might it be tricky to create a Plaid-like startup in the UK or Europe?

Not tricky at all. The thing that worked out very well for Plaid in US was that the top say 25 Banks controlled more than 90% of the accounts held in American Bank (I’m guessing here). In Europe, that number is evenly spread out between the 3,000+ banks that they have. There never was a […]

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