Plaid is a leading fintech company that provides the essential infrastructure for securely connecting and accessing financial data. Its platform empowers developers, financial institutions, and fintech innovators to build modern, user-friendly, and digitally-enabled financial products. Plaid makes it easier and safer to develop a wide range of applications — from personal finance and lending to payments and investing. By combining secure connectivity, developer-friendly tools, and powerful data intelligence, Plaid helps shape the future of financial services.
Plaid has raised $575 million in a funding round which valued the company at $6.1 billion. The round was led by a batch of new investors including Franklin Templeton, Fidelity, and BlackRock. Existing backers NEA and Ribbit Capital also participated.
Plaid, headquartered in San Francisco, California, United States, was founded in 2012 by William Hockey and Zachary Perret. In 2018, the company joined the unicorn club. Plaid operates in the United States, Canada, the United Kingdom, and across several European countries, including France, Spain, Germany, and the Nordics, supporting the growing demand for secure and modern financial connectivity. Plaid continues to play a vital role in shaping the future of financial services worldwide.
Share this post