Plaid has forged a new partnership with Ozone API, bringing the open banking company into its FDX-enabled Gateway Partner Program.
The collaboration will enable Plaid’s network of over 12,000 financial institutions and 8,000 fintechs to easily integrate Ozone API’s compliant, scalable open banking platform.
Ozone API provides a platform that enables any bank or financial institution to easily deliver open APIs that fully comply with the FDX standard. Through the partnership, the Ozone API platform provides this API as a seamless, out-of-the-box integration with Plaid’s infrastructure, enabling customers of banks and financial institutions to seamlessly connect
to thousands of apps on the Plaid network.
The collaboration reflects a shared commitment to innovation, regulatory compliance, and enhanced customer value.
“We’re incredibly excited to partner with Plaid,” said Huw Davies, co-founder and CEO of Ozone API. “By joining Plaid’s Gateway Partner Program, we can significantly accelerate open banking adoption across North America. This partnership empowers financial institutions to launch secure, scalable, and standards-compliant API services faster than ever, marking a major step forward in delivering true open finance and tangible commercial impact.”
“We’re excited to welcome Ozone API to Plaid’s Gateway Partner Program. This partnership underlines our mission to unlock financial freedom for everyone, no matter where their financial institution is in their open banking journey,” said Christy Sunquist, head of open finance at Plaid. “Partners like Ozone API are ensuring that financial institutions of all sizes are not only secure, but have the agility and innovation required in today’s digital-first landscape.”
Through this partnership, financial institutions can harness the full potential of open banking, driving new avenues for growth, enriching customer experiences, and exploring innovative embedded financial services.