Ozone API joins Plaid’s partner program to boost Open Banking adoption in North America

Source: Plaid/Ozone API

Ozone API, the global leader in Open Banking technology, is proud to announce a new partnership with Plaid, the leading financial data network powering the digital financial tools that millions of people rely on.

As part of the collaboration, Ozone API will join Plaid’s FDX-enabled Gateway Partner Program, bringing Ozone API’s powerful Open Banking platform to Plaid’s network of over 12,000 financial institutions and 8,000 fintechs across North America and beyond.

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 within the rapidly evolving financial landscape.

Ozone API co-founder and co-CEO Huw Davies

“We’re incredibly excited to partner with Plaid,” said Huw Davies, co-founder and chief executive officer 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.”

This collaboration marks a significant expansion for Open Banking capabilities, seamlessly combining Ozone API’s deep standards and technology expertise with Plaid’s rich network and established infrastructure in North America.

Through this partnership, financial institutions will be able to harness the full potential of Open Banking, driving new avenues for growth, enriching customer experiences, and exploring innovative embedded financial services.

Further reading: The shifting tides of Open Banking in North America

Plaid is a Platinum Partner of Open Banking Expo USA on June 26, in New York. Catch John Pitts, head of industry relations and digital trust, on stage in a Fireside Chat with Jaime Lopez, principal developer advocate at Jack Henry, titled ‘Beyond the noise: The future of digital banking at every scale’.

Ozone API is an Event Partner of Open Banking Expo USA on June 26, in New York. Catch Eyal Sivan, general manager of North America at Ozone API, speaking on a Powerhouse Debate titled ‘The new era of Open Banking in the United States’.