Tex Capital Partners with Plaid to Bring Open Banking to all Tex Capital brands.

At Tex Capital, our mission has always been to create transparent, data-led financial solutions that empower our clients and partners. Today, we are proud to announce that Tex Capital has officially signed a partnership agreement with Plaid, one of the world’s leading open banking platforms. This milestone marks a major step in expanding the capabilities of our brands and building the next generation of financial technology infrastructure.

Why Plaid?

Plaid is recognized globally for its secure, reliable, and innovative approach to open banking. Through Plaid’s services, individuals and businesses can safely connect their financial accounts to applications they trust. By integrating Plaid into our technology ecosystem, Tex Capital will unlock access to Account Information Services (AIS) and Payment Initiation Services (PIS).

This partnership will allow our brands to offer customers seamless account connectivity, real-time financial insights, and faster, more secure payment experiences. For Tex Capital, it is a decisive move toward reducing friction in financial interactions, improving compliance, and enhancing the overall user journey.

Building Into the Tex Capital Technology Stack

The integration of Plaid’s API-driven services will be phased into the Tex Capital technology stack over the coming months. In the first stage, our engineering teams will connect Plaid’s data access and payment capabilities to core Tex Capital applications, enabling us to:

• Streamline onboarding by allowing customers to instantly verify account information.
• Reduce fraud risk through bank-verified identity and transaction checks.
• Simplify payments by enabling direct account-to-account transfers without reliance on traditional card rails.

Once live, these enhancements will create a more efficient and secure foundation across our digital platforms. Importantly, the modular nature of Plaid’s APIs will allow Tex Capital to scale the integration in line with future customer and market demands.

Extending Innovation into Kapiq™

Our vision for this partnership extends beyond immediate benefits. A key focus will be the integration of open banking functionality into Kapiq™, Tex Capital’s proprietary analytics and data intelligence platform.

Tex Capital + Plaid: unlocking the future of open banking, today.