Plaid vs Powens (formerly Budget Insight): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Plaid has the broader connectivity footprint (59 vs 44 countries of bank coverage), and they overlap on 43 shared markets. Plaid is headquartered in US, while Powens (formerly Budget Insight) is based in FR.
Plaid vs Powens (formerly Budget Insight) at a glance
| Plaid | Powens (formerly Budget Insight) | |
|---|---|---|
| Headquarters | US | FR |
| Market focus | North America and Europe | Multi-region |
| Countries covered | 59 | 44 |
| Institutions tracked | 9,706 | 116 |
| Account data (AIS) | ||
| Payments (PIS) | ||
| Verification | ||
| Regulated | FCA, PSD2 | ACPR (France), Bank of Spain |
| Sandbox | ||
| Pricing model | Usage-based: per-connected-account + per-request; Pay-as-you-go / Growth / Custom | Custom / enterprise quote |
| Free production tier | — | — |
| Developer portal | ||
| Sources | ||
| View Plaid | View Powens (formerly Budget Insight) |
Plaid vs Powens (formerly Budget Insight): bank coverage overlap
Plaid and Powens (formerly Budget Insight) share 43 markets where both connect to banks. Plaid additionally reaches 16 markets Powens (formerly Budget Insight) does not (AD, AE, AZ, BD, BS, EG, GM, GU…), while Powens (formerly Budget Insight) reaches 1 markets Plaid does not (NZ).
Coverage figures are derived from verified per-bank connectivity data tracked on Open Banking Tracker, not provider marketing claims. See the coverage explorer for the full breakdown by continent.
Choose Plaid if…
- you need the widest country coverage (59 markets)
- you want the largest number of connected institutions (9,706)
- your focus market is North America and Europe
- you prefer a provider headquartered in the United States
Choose Powens (formerly Budget Insight) if…
- you prefer a provider headquartered in France
Frequently asked questions
What is the difference between Plaid and Powens (formerly Budget Insight)?
Plaid vs Powens (formerly Budget Insight): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Plaid has the broader connectivity footprint (59 vs 44 countries of bank coverage), and they overlap on 43 shared markets. Plaid is headquartered in US, while Powens (formerly Budget Insight) is based in FR.
Which has wider bank coverage, Plaid or Powens (formerly Budget Insight)?
Plaid has wider coverage, reaching 59 countries versus 44 for Powens (formerly Budget Insight). They overlap on 43 shared markets.
Can I use both Plaid and Powens (formerly Budget Insight)?
Yes. Many teams use more than one open banking aggregator — for example one for its strongest region and another for fallback coverage or specific institutions. Both Plaid and Powens (formerly Budget Insight) expose account information (AIS) and payment initiation (PIS) APIs that can run in parallel.