Plaid
Plaid Inc. is a financial technology (fintech) company that provides a data transfer network powering fintech and digital finance products.
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How to Fund Your Account with Plaid (Bank Linking)
Movo makes funding your crypto wallet effortless by connecting directly to your Canadian bank account through Plaid, a trusted financial technology provider. Plaid is used by major financial apps like Venmo, Coinbase, and Wealthsimple, and is trusted by millions for its security and reliability. With Plaid, your bank credentials are never shared with Movo—your connection is encrypted and secure from end to end.
Step-by-Step: Buying Crypto with Movo (Using Plaid)
Step 1: Sign Up on Movo
Download the app. Enter your details and create a secure password. Verify your email to continue.
Step 2: Verify Your Identity
Complete a quick KYC process. It’s fast, secure, and required by Canadian regulations.
Step 3: Link Your Bank with Plaid
From your Movo dashboard, select “Deposit” → Choose “Bank Transfer (via Plaid)” → Pick your bank from the list → Log in securely with your bank credentials. Once linked, select the account and amount to fund your Movo wallet.
Step 4: Buy Crypto
Click “Buy/Sell,” choose your cryptocurrency (e.g., Bitcoin), and enter the CAD amount. Review the details and confirm your purchase.
Step 5: Store or Transfer
Your crypto is stored securely in your Movo wallet. Transfer it anytime or keep it safe with us.