Congrats to Plaid! Overall, I'm no fan to these scrapers. Apart from the army of engineers (internal cost) required to maintain them, on the outside they sell

Congrats to Plaid! Overall, I'm no fan to these scrapers. Apart from the army of engineers (internal cost) required to maintain them, on the outside they sell a promise that is putting user's privacy at risk. This is especially prevalent in the bookkeeping space. Many "me too apps" stitch their services using Plaid to provide bookkeepers with bank feeds & statements for their clients. Other's use Xero's HubDoc (which Xero paid 70m for few years back) which basically does the same thing; scraping financial statements from many online services using a combination of tools and humans. It's a goldmine for hackers; plain text logins are stored in their database to practically many online accounts owned by business owners. Amazing to what degree people will go to to save few hours of labor each month.