European alternatives to Plaid
Plaid is a US-based provider (Open banking) operating outside the EEA (data residency: No). For teams that need European digital sovereignty — GDPR-safe, outside US CLOUD Act reach — here are 9 verified European providers covering the same ground.
9 verified European alternatives
Aiia (Denmark) - open banking data and payments across 3,000+ European banks; now Mastercard Open Banking Services Europe A/S (Mastercard-owned).
Algoan (Paris, France) - open-banking credit scoring and decisioning: analyses bank transaction data (AIS) to score creditworthiness for lenders, with partnerships including Worldline and Mastercard. Registered AISP (ACPR). A European, data-minimising alternative to classic bureau scores.
Autopay (Blue Media S.A., Poland) - online payments and account-to-account: BLIK, cards and open banking. National Payment Institution, KNF (since 2013).
Belvo (Spanish-founded, 2019) - open finance / open banking APIs (account aggregation, payment initiation); now primarily focused on Latin America (payment-institution authorisation in Mexico; also Brazil and Colombia).
Bridge (France) - open banking AIS/PIS by Bankin' (ACPR-regulated group): account data and A2A payments.
Brite AB (org.nr 559116-1632) - licensed Payment Institution, Swedish FSA (Finansinspektionen); instant A2A / pay-by-bank across Nordics + EU.
🏦 Local IBANs: LT
ConnectPay (Lithuania) - BaaS and embedded finance for platforms (accounts, payments, cards). EMI No. 24 (Bank of Lithuania); PIS/AIS extension 2024.
Enable Banking (Finland) - pan-EU open banking AIS/PIS with a self-serve control panel and broad ASPSP coverage. RegTech infrastructure.
🏦 Local IBANs: IT
Fabrick (Italy) - licence-as-a-service and open-finance middleware, including virtual IBANs as a service (via Banca Sella rails). Payment Institution (AIS+PIS), Bank of Italy; 80% owned by Banca Sella.
FAQ
What is the best European alternative to Plaid?
It depends on which capability you need (Open banking). Fintechnologica lists 9 verified European options above; the top-ranked European-origin match is Aiia (Denmark). Request a match for a shortlist tailored to your licence, market and EEA requirements.
Are these alternatives fully European / EEA-based?
Each provider shows its origin and EEA data-residency status (Yes / Partial / No). European origin means the company's HQ and lineage are European; the EEA flag reflects where data and the operating rail actually sit. Both are shown so you can judge sovereignty for your own requirements.
How are these verified?
Every provider is verified at source: licence type, regulator and a registry reference — not a marketing page. That is the depth G2 and Capterra don't provide.