diff --git a/ios/NewExpensify.xcodeproj/project.pbxproj b/ios/NewExpensify.xcodeproj/project.pbxproj
index b5c08101945..7800d5330a7 100644
--- a/ios/NewExpensify.xcodeproj/project.pbxproj
+++ b/ios/NewExpensify.xcodeproj/project.pbxproj
@@ -533,8 +533,8 @@
 				"${PODS_ROOT}/Target Support Files/Pods-NewExpensify/Pods-NewExpensify-frameworks.sh",
 				"${PODS_ROOT}/hermes-engine/destroot/Library/Frameworks/iphoneos/hermes.framework",
 				"${PODS_XCFRAMEWORKS_BUILD_DIR}/Onfido/Onfido.framework/Onfido",
-				"${PODS_XCFRAMEWORKS_BUILD_DIR}/OpenSSL/OpenSSL.framework/OpenSSL",
-				"${PODS_XCFRAMEWORKS_BUILD_DIR}/LinkKit/LinkKit.framework/LinkKit",
+				"${PODS_XCFRAMEWORKS_BUILD_DIR}/OpenSSL-Universal/OpenSSL.framework/OpenSSL",
+				"${PODS_XCFRAMEWORKS_BUILD_DIR}/Plaid/LinkKit.framework/LinkKit",
 			);
 			name = "[CP] Embed Pods Frameworks";
 			outputPaths = (
@@ -720,8 +720,8 @@
 				"${PODS_ROOT}/Target Support Files/Pods-NewExpensify-NewExpensifyTests/Pods-NewExpensify-NewExpensifyTests-frameworks.sh",
 				"${PODS_ROOT}/hermes-engine/destroot/Library/Frameworks/iphoneos/hermes.framework",
 				"${PODS_XCFRAMEWORKS_BUILD_DIR}/Onfido/Onfido.framework/Onfido",
-				"${PODS_XCFRAMEWORKS_BUILD_DIR}/OpenSSL/OpenSSL.framework/OpenSSL",
-				"${PODS_XCFRAMEWORKS_BUILD_DIR}/LinkKit/LinkKit.framework/LinkKit",
+				"${PODS_XCFRAMEWORKS_BUILD_DIR}/OpenSSL-Universal/OpenSSL.framework/OpenSSL",
+				"${PODS_XCFRAMEWORKS_BUILD_DIR}/Plaid/LinkKit.framework/LinkKit",
 			);
 			name = "[CP] Embed Pods Frameworks";
 			outputPaths = (
diff --git a/ios/Podfile.lock b/ios/Podfile.lock
index 2de3f0c4215..39f38e7206e 100644
--- a/ios/Podfile.lock
+++ b/ios/Podfile.lock
@@ -825,7 +825,7 @@ SPEC CHECKSUMS:
   CocoaAsyncSocket: 065fd1e645c7abab64f7a6a2007a48038fdc6a99
   DoubleConversion: cf9b38bf0b2d048436d9a82ad2abe1404f11e7de
   FBLazyVector: 7b423f9e248eae65987838148c36eec1dbfe0b53
-  FBReactNativeSpec: e6c5eb078317f6a15612c7e3b4d410c4d01bb703
+  FBReactNativeSpec: 1d564cbdef3e1546843d1f1ceb0e4463b7993e3a
   Firebase: 54cdc8bc9c9b3de54f43dab86e62f5a76b47034f
   FirebaseABTesting: c3e48ebf5e7e5c674c5a131c68e941d7921d83dc
   FirebaseAnalytics: 4751d6a49598a2b58da678cc07df696bcd809ab9
@@ -840,7 +840,7 @@ SPEC CHECKSUMS:
   Flipper-Folly: 755929a4f851b2fb2c347d533a23f191b008554c
   Flipper-Glog: 1dfd6abf1e922806c52ceb8701a3599a79a200a6
   Flipper-PeerTalk: 116d8f857dc6ef55c7a5a75ea3ceaafe878aadc9
-  flipper-plugin-react-native-performance: 82e0d9bf8f330d2e256ff018978e2a19b86fec17
+  flipper-plugin-react-native-performance: c639bbaf0e0444bab8eeb86dad93651c2e13291e
   Flipper-RSocket: 127954abe8b162fcaf68d2134d34dc2bd7076154
   FlipperKit: 8a20b5c5fcf9436cac58551dc049867247f64b00
   glog: 73c2498ac6884b13ede40eda8228cb1eee9d9d62
@@ -853,9 +853,9 @@ SPEC CHECKSUMS:
   Onfido: 116a268e4cb8b767c15285e8071c2e8304673cdf
   onfido-react-native-sdk: b8f1b7cbe1adab6479d735275772390161630dcd
   OpenSSL-Universal: 1aa4f6a6ee7256b83db99ec1ccdaa80d10f9af9b
-  Permission-LocationAccuracy: 76669f87b4c276f5ae803cc0ddd1862a4c0e9dd8
-  Permission-LocationAlways: a274bc04bb386068782468dbdaca3859f51634ca
-  Permission-LocationWhenInUse: 3a2b0dbc167d79e8e920a4377ff9520cdc108407
+  Permission-LocationAccuracy: e8adff9ede1b23b43b7054a4500113d515fc87a8
+  Permission-LocationAlways: 7f7f373d086af7a81b2f4f20d65d29266ca2043b
+  Permission-LocationWhenInUse: 3ae82a9feb5da4e94e386dba17c7dd3531af9feb
   Plaid: 3485574bd01075562d969a2d9384cde1ed7d9252
   PromisesObjC: 68159ce6952d93e17b2dfe273b8c40907db5ba58
   Protobuf: 7327d4444215b5f18e560a97f879ff5503c4581c
@@ -871,16 +871,16 @@ SPEC CHECKSUMS:
   React-jsiexecutor: 124e8f99992490d0d13e0649d950d3e1aae06fe9
   React-jsinspector: 500a59626037be5b3b3d89c5151bc3baa9abf1a9
   react-native-config: d8b45133fd13d4f23bd2064b72f6e2c08b2763ed
-  react-native-document-picker: f2f73db94328c84e22144e369fb4a3ede47bc1f5
+  react-native-document-picker: 0e3602a4064da040321bafad6848d8b0edcb1d55
   react-native-flipper: 169e8ba429b73ad637ce007337ce4b415e783799
-  react-native-image-picker: 474cf2c33c2b6671da53d293a16c97995f0aec15
-  react-native-netinfo: 30fb89fa913c342be82a887b56e96be6d71201dd
+  react-native-image-picker: 4089335b89b625d4e34d53fb249c48a7a791b3ea
+  react-native-netinfo: 52cf0ee8342548a485e28f4b09e56b477567244d
   react-native-pdf: 4b5a9e4465a6a3b399e91dc4838eb44ddf716d1f
-  react-native-performance: 6bd6cfac80594775fb782405fceaaf206becf53b
-  react-native-plaid-link-sdk: 0b2e16d091abfee30ba01cf37734182ad610f917
-  react-native-progress-bar-android: be43138ab7da30d51fc038bafa98e9ed594d0c40
-  react-native-progress-view: 21b1e29e70c7559c16c9e0a04c4adc19fce6ede2
-  react-native-safe-area-context: 79fea126c6830c85f65947c223a5e3058a666937
+  react-native-performance: 8edfa2bbc9a2af4a02f01d342118e413a95145e0
+  react-native-plaid-link-sdk: dcc247a441571b6e0b9029ab00a30f82e4cfa906
+  react-native-progress-bar-android: ce95a69f11ac580799021633071368d08aaf9ad8
+  react-native-progress-view: 5816e8a6be812c2b122c6225a2a3db82d9008640
+  react-native-safe-area-context: 01158a92c300895d79dee447e980672dc3fb85a6
   React-perflogger: aad6d4b4a267936b3667260d1f649b6f6069a675
   React-RCTActionSheet: fc376be462c9c8d6ad82c0905442fd77f82a9d2a
   React-RCTAnimation: ba0a1c3a2738be224a08092fa7f1b444ab77d309
@@ -894,23 +894,23 @@ SPEC CHECKSUMS:
   React-runtimeexecutor: ff951a0c241bfaefc4940a3f1f1a229e7cb32fa6
   ReactCommon: bedc99ed4dae329c4fcf128d0c31b9115e5365ca
   rn-fetch-blob: f065bb7ab7fb48dd002629f8bdcb0336602d3cba
-  RNBootSplash: 24175aa28fe203b10c48dc34e78d946fd33c77af
-  RNCAsyncStorage: 56a3355a10b5d660c48c6e37325ac85ebfd09885
-  RNCClipboard: 41d8d918092ae8e676f18adada19104fa3e68495
-  RNCMaskedView: fc29d354a40316a990e8fb46391f08aea829c3aa
+  RNBootSplash: 3123ba68fe44d8be09a014e89cc8f0f55b68a521
+  RNCAsyncStorage: 8324611026e8dc3706f829953aa6e3899f581589
+  RNCClipboard: 5e299c6df8e0c98f3d7416b86ae563d3a9f768a3
+  RNCMaskedView: 138134c4d8a9421b4f2bf39055a79aa05c2d47b1
   RNCPicker: 6780c753e9e674065db90d9c965920516402579d
-  RNDateTimePicker: 7658208086d86d09e1627b5c34ba0cf237c60140
+  RNDateTimePicker: c9911be59b1f8670b9f244b85af3a7c295e175ed
   RNFBAnalytics: 8ba84c2d31c64374d054c8621b998f25145ffddc
   RNFBApp: 64c90ab78b6010ed5c3ade026dfe5ff6442c21fd
   RNFBCrashlytics: 1de18b8cc36d9bcf86407c4a354399228cc84a61
   RNFBPerf: e3a7269f573a4787810a32de51647cdcbe08dfb4
   RNGestureHandler: 9b7e605a741412e20e13c512738a31bd1611759b
-  RNPermissions: 4c8a37b4dde50f1f152bf8cd08c4a43d2355829e
+  RNPermissions: eb94f9fdc0a8ecd02fcce0676d56ffb1395d41e1
   RNReactNativeHapticFeedback: b83bfb4b537bdd78eb4f6ffe63c6884f7b049ead
   RNReanimated: 833ebd229b31e18a8933ebd0cd744a0f47d88c42
   RNScreens: e8e8dd0588b5da0ab57dcca76ab9b2d8987757e0
   RNSVG: ce9d996113475209013317e48b05c21ee988d42e
-  urbanairship-react-native: ee53526e1f81c5170863dd3e039df7f98730ef53
+  urbanairship-react-native: 60b4b4235838ff109a2639b639e2ef01d54ad455
   Yoga: a7de31c64fe738607e7a3803e3f591a4b1df7393
   YogaKit: f782866e155069a2cca2517aafea43200b01fd5a
 
diff --git a/src/components/PlaidLink/index.native.js b/src/components/PlaidLink/index.native.js
index bbc7edbd627..3ca38dd0915 100644
--- a/src/components/PlaidLink/index.native.js
+++ b/src/components/PlaidLink/index.native.js
@@ -1,55 +1,33 @@
-import React from 'react';
-import {NativeEventEmitter} from 'react-native';
-import {openLink} from 'react-native-plaid-link-sdk';
+import {useEffect} from 'react';
+import {openLink, useDeepLinkRedirector, usePlaidEmitter} from 'react-native-plaid-link-sdk';
 import Log from '../../libs/Log';
 import CONST from '../../CONST';
-import nativeModule from './nativeModule';
 import {plaidLinkPropTypes, plaidLinkDefaultProps} from './plaidLinkPropTypes';
 
-class PlaidLink extends React.Component {
-    constructor(props) {
-        super(props);
-        this.listener = undefined;
-    }
-
-    componentDidMount() {
-        const emitter = new NativeEventEmitter(nativeModule);
-        this.listener = emitter.addListener('onEvent', this.onEvent.bind(this));
 
+const PlaidLink = (props) => {
+    useDeepLinkRedirector();
+    usePlaidEmitter((event) => {
+        Log.info('[PlaidLink] Handled Plaid Event: ', false, event);
+        if (event.eventName === CONST.PLAID.EVENT.ERROR) {
+            props.onError(event.metadata);
+        } else if (event.eventName === CONST.PLAID.EVENT.EXIT) {
+            props.onExit();
+        }
+    });
+    useEffect(() => {
         openLink({
             tokenConfig: {
-                token: this.props.token,
+                token: props.token,
             },
             onSuccess: ({publicToken, metadata}) => {
-                this.props.onSuccess({publicToken, metadata});
+                props.onSuccess({publicToken, metadata});
             },
         });
-    }
-
-    componentWillUnmount() {
-        if (!this.listener) {
-            return;
-        }
-
-        this.listener.remove();
-    }
-
-    /**
-     * @param {*} event
-     */
-    onEvent(event) {
-        Log.info('[PlaidLink] Handled Plaid Event: ', false, event);
-        if (event.eventName === CONST.PLAID.EVENT.ERROR) {
-            this.props.onError(event.metadata);
-        } else if (event.eventName === CONST.PLAID.EVENT.EXIT) {
-            this.props.onExit();
-        }
-    }
+    }, []);
 
-    render() {
-        return null;
-    }
-}
+    return null;
+};
 
 PlaidLink.propTypes = plaidLinkPropTypes;
 PlaidLink.defaultProps = plaidLinkDefaultProps;