# SnapTrade

**Source:** https://geo.sig.ai/brands/snaptrade  
**Vertical:** Finance  
**Subcategory:** General  
**Tier:** Emerging  
**Website:** snaptrade.com  
**Last Updated:** 2026-04-14

## Summary

"Plaid for trading" brokerage API with read/write access to 20+ brokerages including Fidelity and Robinhood; $7.45M from YC with 95%+ connection success rate and real-time trade execution.

## Company Overview

SnapTrade is a brokerage API integration platform providing read and write access to retail brokerage accounts at 20+ major brokerages — enabling fintech companies and investment apps to connect to their users' existing brokerage accounts (Fidelity, Robinhood, Schwab, TD Ameritrade, Coinbase, and others) through a single unified API with near-real-time portfolio data and trade execution capability. Founded in 2020 and backed by $7.45 million from Y Combinator and other investors, SnapTrade achieved $2.6 million in revenue in 2024 with a 16-person team, positioning as "Plaid for investing/trading."

SnapTrade's API provides OAuth-based connections to brokerage accounts — users authenticate with their existing brokerage credentials through SnapTrade's connection flow, grant the app permission to read portfolio holdings and transaction history or execute trades, and the SnapTrade API normalizes the data across all supported brokerages into a consistent schema. The 95%+ connection success rate and near-real-time data updates (versus the end-of-day limitations of older approaches) make SnapTrade viable for trading apps that need current portfolio state.

In 2025, SnapTrade competes in the brokerage data and API connectivity market with Plaid Investments (Plaid's investment account connectivity for read-only balance and holdings), MX (financial data aggregation), and brokerage-specific APIs (some brokerages offer developer APIs directly) for investment account connectivity. The "Plaid for brokerage accounts" positioning is accurate — Plaid's investment account coverage is limited to balance and transaction history, while SnapTrade offers trade execution capability that enables more ambitious fintech applications. The growing market for portfolio analytics apps, robo-advisor apps, and social investing platforms all benefit from unified brokerage connectivity. The 2025 strategy focuses on expanding brokerage coverage (including international brokerages for Canadian and European markets), adding fractional share and options trading execution, and growing the fintech developer ecosystem that builds on SnapTrade's infrastructure.

## Frequently Asked Questions

### What is SnapTrade?
SnapTrade is a brokerage API integration platform founded in 2020 that serves as the 'Plaid for trading.' It provides read and write access to retail brokerage accounts with near real-time data updates across 20+ major brokerages including Fidelity, Robinhood, Coinbase, Webull, and Public.

### What products and services does SnapTrade offer?
SnapTrade offers brokerage API integration with read/write account access, near real-time data updates, and connections to 20+ brokerages. The platform enables fintech apps to access real-time account data, historical transactions, and execute trades through a single API with a 95%+ connection success rate.

### Who is SnapTrade designed for?
SnapTrade is designed for fintech apps, retail investors, and financial applications that need comprehensive brokerage connectivity. The platform serves companies that want to integrate trading capabilities and access brokerage account data for their users.

### When was SnapTrade founded?
SnapTrade was founded in 2020 and participated in Y Combinator's Winter 2022 (W22) batch.

### Where is SnapTrade located?
SnapTrade is based in Canada.

### How much funding has SnapTrade raised?
SnapTrade has raised $7.45M from investors including TLT East Ventures, East Valley Ventures, Mistral Venture Partners, New Brunswick Innovation Foundation, Uncorrelated Ventures, and Y Combinator.

### What are SnapTrade's key metrics and achievements?
SnapTrade achieved $2.6M in revenue in 2024 with a 16-person team. The platform maintains a 95%+ connection success rate across 20+ major brokerages from traditional firms to modern platforms.

### How does SnapTrade's technology differ from competitors like Plaid?
Unlike Plaid's read-only daily-updated data, SnapTrade provides both read and write access to brokerage accounts with near real-time data updates. This enables fintech apps to not only view account data and historical transactions but also execute trades through a single API.

### Which brokerages does SnapTrade connect to?
SnapTrade connects to 20+ major brokerages including Fidelity, Robinhood, Coinbase, Webull, and Public. The platform supports connectivity from traditional brokerage firms to modern trading platforms.

### What are SnapTrade's recent developments?
In 2024, SnapTrade reached $2.6M in revenue with a team of 16 employees while maintaining a 95%+ connection success rate across 20+ brokerages. The company continues to operate with $7.45M in total funding from multiple venture capital firms.

## Tags

b2b, fintech, api-first, platform, startup, north-america

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*