Software Alternatives, Accelerators & Startups

Plaid VS Drata

Compare Plaid VS Drata and see what are their differences

Plaid logo Plaid

Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

Drata logo Drata

Put SOC 2 Compliance on Autopilot
  • Plaid Landing page
    Landing page //
    2023-01-12
  • Drata Landing page
    Landing page //
    2022-10-20

Drata

Website
drata.com
Release Date
2020 January
Startup details
Country
United States
State
California
City
San Diego
Founder(s)
Adam Markowitz
Employees
10 - 19

Plaid videos

Plaid - Polymer (Album Review)

More videos:

  • Review - BBC x Adidas PHARRELL Human Race NMD Trail Plaid Review & On Feet
  • Review - Iron Clays Poker Chips and Plaid Deck Review - Poker Gift Guide

Drata videos

Drata's 2021 in Review 🎉

More videos:

  • Review - AWS re:Invent 2021 - An inside look at Drata's automated security and compliance
  • Review - Drata - Put SOC 2 on Autopilot

Category Popularity

0-100% (relative to Plaid and Drata)
Personal Finance
100 100%
0% 0
SaaS
0 0%
100% 100
Other Fin Tech
100 100%
0% 0
Governance, Risk And Compliance

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Plaid and Drata

Plaid Reviews

Top 20 Best Plaid Alternatives in 2022
When you use the platform’s main features and a live set of API keys, you don’t have to pay anything upfront. Plaid is an all-in-one financial solution that lets you build your own financial services. The program includes classified transaction data, account login, optimized mobile forms, an ACH authentication tool, form autofill, income validation, and custom integration,...

Drata Reviews

11 NetBox Alternatives
Drata is an application that provides its services to secure users' data to help them build trust with their customers and boost their sales with the help of its great features. By using this amazing application, you can be able to scale your business in front of the world securely and rank your website on the Google search engine so that customers can reach your store...

Social recommendations and mentions

Based on our record, Plaid seems to be a lot more popular than Drata. While we know about 78 links to Plaid, we've tracked only 7 mentions of Drata. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Plaid mentions (78)

  • Can someone's Venmo/PayPal balance be approved to show up in a 3rd party app?
    Oh this is a https://plaid.com/ use case I think. - Source: Hacker News / 10 months ago
  • Need help finding simulation business bank accounts + credit cards
    My company made a financial dashboard for small businesses that aggregates information from financial institutions into a simplified view. The problem I need to solve: our only way of showing what it looks like when in use, is by connecting our own bank accounts + credit cards, but of course that exposes our personal info. I'd like to setup a demo account using fake financial data that simulates a real world... Source: 11 months ago
  • Need A Solution to Amex Business Credit Card Data
    I have been looking into this and found Plaid, Yodlee, and Flinks. I am not 100% if any of these will work. Source: 12 months ago
  • (Canada) Does anyone know of an API service that will users to connect with their personal bank and return things like their bank feed?
    Yeah I fully expect to pay, but I am sure there are companies that do this. It's simply reading data, I am not touching anything within the user's bank account. Places like Australia are quite big on open banking I believe, that allows, with proper verification, to access bank account information. I've just found one company plaid.com, it doesn't have all the institutions I was hoping for but the majority of big... Source: 12 months ago
  • Intuits Mint is garbage this year, need other recs for tracking expenses.
    Switching platforms won't help. Every money visualization app on the market uses plaid to fetch their data, so every app will have the same data quality issues. Source: 12 months ago
View more

Drata mentions (7)

  • Interested in GRC?
    Have you had opportunity to apply any of the compliance automation tools like Drata in your work? Have you found them to be useful? Source: about 1 year ago
  • Seeking critique before soft-launching our B2B SaaS product: Website feedback wanted!
    Have you got any experience from services like Drata (https://drata.com/)? Source: over 1 year ago
  • SOC Compliance for Hardware/Software business
    Have a chat with the folks at https://drata.com/. Thier discovery and automated evidence gathering platform is pretty cool. Prepare for sticker shock though. Getting through any compliance process is a $30k ish annual expense. Source: over 1 year ago
  • Security and Compliance Considerations for the Public Cloud
    Compliance tools like Vanta and Drata integrate with the major cloud providers and allow you to automatically monitor whether compliance criteria are being met. Because these tools can plug directly into the cloud provider APIs, they are able to pull relevant data automatically and send alerts when something is misconfigured. - Source: dev.to / almost 2 years ago
  • The Developer's Guide to SaaS Compliance
    Even if your organization has the practices down, you will still need to spend time maintaining and collecting evidence of compliance. Therefore, it’s beneficial to invest in automated software tools like Vanta or Drata that can speed up the evidence collection process. These tools help manage and record evidence of compliance practices via continuous monitoring of the application’s infrastructure and business... - Source: dev.to / almost 2 years ago
View more

What are some alternatives?

When comparing Plaid and Drata, you can also consider the following products

Verafin - Verafin provides compliance, anti-money laundering, and fraud detection software.

Vanta - Automate compliance, simplify security.

QuoteMedia - Financial web tools that allow users to access real-time​ stock quotes, with live charts and NASDAQ level 2 data.

Secureframe - Get enterprise ready with SOC 2 and ISO 27001 compliance

Digital Insight - Digital Insight provides digital banking solutions to mid-market banks and credit unions.

Unicis - Unicis Open-source Trust Management platform offers automated solutions that streamlines the process of identifying vulnerabilities, conducting audits, and achieving regulatory compliance.Low-cost GRC platform for effortless Security and Compliance