Plaid: reshaping income verification for European customers.
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Plaid: reshaping income verification for European customers. May 27, 2026 Plaid is rolling out Income in the UK and Netherlands to help lenders verify earnings, assess affordability and underwrite more responsibly with bank data Plaid is expanding its lending toolkit in Europe with a new income verification product designed to help lenders make faster, more responsible decisions from consumer-permissioned bank data - showing how volatility, open banking and tightening regulation are reshaping underwriting. Plaid has launched Income in the UK and the Netherlands and is set to broaden European availability later on in the year. The product takes raw deposit activity and turns it into structured income signals that lenders can use for affordability checks and cash flow underwriting - overriding the challenge of traditional credit data that often misses people with variable earnings, multiple income streams or gig work. This is in spite of the fact that nearly 70% of UK gig workers reportedly struggling to access financial products. As well as this, Plaid Link makes the account connection step fast for borrowers, while lenders gain access to up to 24 months of categorised account data, including inflows, outflows, balance trends and account ownership details. Plaid also says its machine learning models can classify income types such as salary, gig work, self-employment...
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