Plaid, the service used by Venmo, Acorns, Robinhood, and more, may owe you some money

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Plaid, the service used by Venmo, Acorns, Robinhood, and more, may owe you some money
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You might’ve received a class-action lawsuit notification via email.

accusing the company of collecting more financial data from users than necessary. The suit also alleges Plaid obtained users’ bank login information “through its user interface, known as ‘Plaid Link,’ which had the look and feel of the user’s own bank account login screen.” In reality, users were inputting their information “directly to Plaid.” Plaid denies these claims and says it was transparent with its customers.

You might’ve already received an email alerting you about the class action lawsuit, and if you have, make sure toby April 28th, 2022. If you didn’t receive an email but think you’ve been affected, you can still file a claim by heading to the same page and hitting the “Click Here” button. From here, you’ll have to fill out a form with your name and address, as well as a list of apps you linked your bank account to.

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