zachperret

Brian is right here. Plaid builds API infrastructure on top of existing FI's, whereas Seed is building a new bank. Maybe one day we can incorporate Seed as a data source into Plaid directly.

This is neat! How does the data differ from http://www.binlist.net/? More current?

Building a relationship with an ODFI generally takes many months (3-6) and multiple audits (sometimes including PCI), in addition to specific risk and capital requirements. Marketplaces generally have higher compliance & capital requirements, as consumer debits are one of the riskiest ACH transactions. For their customers, Balanced (and others) remove a lot of the compliance & business overhead in exchange for a higher fee (most ODFI's charge less than $0.15/transaction even at low volume).

Plaid is hiring full-stack engineers in San Francisco.

-Plaid is an API for Bank Data. We're making finance simple and accessible by helping developers to programmatically interact with banks. -We're backed by the best in the business (Spark Capital, Google Ventures, NEA and more). -More details at http://plaid.io/jobs - or send an email to jobs+engineering@plaid.com

Plaid, San Francisco - full-time software engineers

Plaid is an API for Banking Data - we allow developers to build off of core banking infrastructure. We're looking for full-stack generalists to join our all-engineering team as we work to meet the insane demand we're seeing. We're backed by the best - Spark, Google Ventures, and NEA. Come join us in fixing the world of banking.

Apply: jobs+HN@plaid.io Info: https://plaid.io/jobs

Plaid is hiring full-stack engineers in San Francisco.

-Plaid is an API for Bank Data. We're making finance simple and accessible by helping developers to programmatically interact with banks.

-We're backed by the best in the business (Spark Capital, Google Ventures, NEA and more).

-We won the Disrupt Hackathon when we built an app on our platform. http://techcrunch.com/2013/04/28/rambler-takes-home-the-disr...

More details at http://plaid.io/jobs - or send an email with your github and linkedin to jobs+engineer@plaid.io.

Plaid is hiring full-stack engineers in San Francisco.

-Plaid (http://plaid.io) is an API for Bank Data. We help developers access a cleaned & categorized view of user transactions. We're changing the way bank data is used, and revolutionizing fintech in the process.

-We're backed by the best in the business (announcing soon).

-We won the Disrupt Hackathon when we built an app on our platform. http://techcrunch.com/2013/04/28/rambler-takes-home-the-disr...

More details at http://plaid.io/jobs - or send an email with a note and your github or linkedin to jobs+engineer@plaid.io.

Plaid Technologies - http://plaid.io/jobs

San Francisco, CA - Full Time - Developers

Plaid is building the missing API for Spending Data - we make it simple for any application to link with the data generated by credit card transactions. In the process, we're generating one of the largest transactional data sets in the world, and using machine learning to draw insights about how consumers spend their time, money, and attention.

We're a small, all engineering team - looking to bring on more ambitious, fun team members. Our stack is made up of Node, Hadoop and Hive with Mongo and Redis. We're looking for experienced generalists, and prefer fast learners to specific experience with our stack. Whether you're a developer, data scientist, or or a resident philosopher we'd love to hear from you.

Contact: email jobs[at]plaid.io http://plaid.io/jobs

w00t! Go Steve

Really you should only be worried if you're using version 1 apps. I'm a fan of quick prototyping and quick release (in alpha/beta, of course), as long as the team is committed to putting the time in on the back-end. Getting a product out is an important step 1...the real work (and money) is in steps 2-1000.

Thanks, guess it was a false alarm.

Did anybody notice that you can workaround needing an invite by clicking "Take the Tour" and then "Join the Project" on their demo website?

http://www.google.com/intl/en/+/demo/

Does the title itself not turn anyone else off? "Our office is too big..." is a big red flag to me. Seems like they either took too much money too early or are having internal scaling issues, possibly both. Definitely not in the vein of the lean startup...