Connect 12,000+ Banks to Skwad (Optional Bank Linking)

Skwad can connect to over 12,000 financial institutions, but linking is always your choice. While bank linking offers convenience, it’s worth knowing the risks of sharing your bank password. We recommend using email alerts if your bank has them. This guide walks through setting up optional bank linking through SimpleFIN.

Linking your bank to Skwad via SimpleFIN (MX)

Skwad partners with SimpleFIN to provide optional bank linking. SimpleFIN is powered by MX which supports over 16000 financial institutions. With SimpleFIN, you get:

• Data freedom: you’re not locked into a single app. Take your data with you.
• Strict access controls: decide who you want to share your data with.
• One click revoke: cancel access to your data with a single click.

1. Head over to SimpleFIN Bridge and log in to your account. Create a new account if you don’t have one yet.

The dashboard is broken down into three sections: Financial Institutions, Apps, and Access Log.

2. Financial Institutions: add your banks and investment accounts here. You’ll be prompted to pay to connect your first account if you haven’t done so already.

3. Apps: Here’s where Skwad comes in. Copy and paste this setup token in your Skwad connections settings.

4. That’s it! Skwad will periodically refresh your accounts and transactions.

SimpleFIN emails you when a new IP accesses your data, and shows you how often. Skwad’s IP addresses should be registered to Amazon (AWS).

You can also revoke access at anytime!

That’s the whole setup. If you’d rather skip linking entirely, Skwad also works as a budgeting app without Plaid or bank logins, reading transactions straight from your bank’s email alerts.

Frequently asked questions

Is bank linking required to use Skwad?

No. Bank linking through SimpleFIN is optional. If you’d rather not share your bank credentials, you can track spending with email alerts or by importing transactions manually.

How do I revoke a connected bank from Skwad?

You can cancel access from the SimpleFIN Bridge dashboard with a single click at any time. SimpleFIN also emails you whenever a new IP address accesses your data, so you can spot anything unexpected.

Who is SimpleFIN and how many banks does it support?

SimpleFIN is the bank-linking partner Skwad uses, powered by MX, which supports over 16,000 financial institutions. You connect your banks in the SimpleFIN Bridge dashboard and paste a setup token into Skwad.