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Plaid

Coming soon

This integration is under development. The frontend architecture is complete; backend implementation is pending. Estimated availability: Q2 2026.

Connect your bank accounts directly to Frihet through Plaid. Import transactions and balances in real time to reconcile invoices with bank movements automatically.

What it does​

With Plaid connected:

  • Connect bank accounts — Link accounts from any Plaid-supported bank
  • Import transactions — Bring bank movements into Frihet automatically
  • Reconcile invoices — Match bank payments with issued invoices
  • Check balances — View your account balances from the Frihet dashboard
  • Multi-bank — Connect multiple accounts from different banks

Requirements​

  • Bank account compatible with Plaid — Most European and US banks are supported
  • Frihet Pro or higher
  • Server-side configuration — This integration requires active Cloud Functions (included in your plan)
Server configuration

Unlike other integrations where you enter an API key directly, Plaid uses a secure flow through the Plaid Link SDK. The bank connection is made through a secure Plaid window — Frihet never sees your banking credentials.

Connect your bank to Frihet​

Step 1: Start the connection​

  1. Go to Settings → Integrations
  2. Find Plaid
  3. Click Connect bank
  1. The Plaid Link secure window will open
  2. Search for your bank by name
  3. Log in with your banking credentials (directly in the Plaid window — Frihet doesn't see them)
  4. Complete the security verification if your bank requires it (SMS, bank app, etc.)
  5. Select the accounts you want to link

Step 3: Verify connection​

  1. Back in Frihet, you'll see the connected accounts
  2. Frihet will automatically import recent transactions
  3. Verify that movements appear in your dashboard

How it works​

The Plaid integration follows a multi-layer secure flow:

  1. Plaid Link SDK opens a secure window where you enter your banking credentials
  2. Plaid authenticates directly with your bank (Frihet never sees your credentials)
  3. Plaid generates an access token that allows Frihet to query transactions and balances
  4. This token is stored encrypted (AES-256-GCM) on Frihet's servers
  5. Frihet's Cloud Functions use the token to query Plaid data periodically
  6. Transactions are imported and available for reconciliation

Synced data​

DataDirectionFrequency
TransactionsBank → Plaid → FrihetPeriodic (daily)
Account balancesBank → Plaid → FrihetOn demand
Account nameBank → Plaid → FrihetOn connection
Transaction categoryPlaid → FrihetWith each transaction

Use cases​

Automatic payment reconciliation​

You issue an invoice for $2,500 to a client. When the payment arrives in your bank account, Frihet detects the transaction imported by Plaid and suggests matching it with the pending invoice.

Cash flow management​

Connect your business accounts and check balances from Frihet without logging into online banking. Get a unified view of your liquidity alongside your outstanding receivables.

Expense categorization​

Imported transactions include Plaid's automatic categorization. Frihet can suggest expense records based on bank movements so nothing slips through.

Security​

The Plaid integration is designed for maximum security:

  • Banking credentials — Frihet never sees them. They're entered directly in the Plaid secure window
  • Token encryption — The access token is stored encrypted with AES-256-GCM
  • Secure communication — All traffic between Frihet, Plaid, and your bank goes over HTTPS
  • Plaid certified — Plaid is SOC 2 Type II and PCI DSS compliant, regulated as a fintech provider
  • Revocable — You can disconnect your account at any time from Frihet or from your online banking

Supported banks​

Plaid supports thousands of financial institutions. Some examples:

  • Major banks across Spain, Germany, France, Italy, Netherlands, UK, and US
  • Neobanks: Revolut, N26, Wise

The full list is available directly in Plaid Link when starting the connection.

Troubleshooting​

  • Plaid doesn't support every bank. Check coverage at plaid.com/institutions
  • Some smaller banks or credit unions may not be available
  • Alternative: use the Revolut integration or manual transaction import

"The connection drops after a while"​

  • Some banks require periodic re-authentication for security
  • When this happens, Frihet will notify you to reconnect via Plaid Link
  • This is a bank requirement, not a Frihet error

"Recent transactions aren't importing"​

  • Transactions can take 24-48 hours to become available through Plaid
  • Plaid depends on each bank's speed to report movements
  • Pending (unconfirmed) transactions may not appear

"I want to disconnect my bank"​

  1. Go to Settings → Integrations → Plaid
  2. Click Disconnect
  3. The access token is deleted from Frihet
  4. Optionally, revoke access from your online banking

Next steps​