Plaid Alternatives in Europe: A PSD2 Developer's Comparison for 2026
Cover image suggestion: A stylised map of Europe made of interconnected bank/API nodes, with API request/response cards floating over it and a small "no certificate" badge in the corner. Muted fintech palette (deep navy + teal accents). Caption: "European open banking APIs compared."
Plaid is a great product — if you're building for the US. But once your customers are in the Eurozone, the UK, or the Nordics, you start hitting questions Plaid wasn't designed to answer: Where is my data hosted? Do I need an eIDAS certificate to go live? Why am I paying per-connection fees on top of PSD2 banks I could reach for free?
I build and maintain open-banking.io, so I spend an unhealthy amount of time comparing PSD2 providers. This is the comparison I wish existed when I started — focused on what actually matters to a developer shipping a small-business finance tool in Europe: pricing, certificate requirements, coverage, and API ergonomics.
Why look beyond Plaid in Europe?
