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Plaid (company)

Plaid (company)

Plaid is a company providing businesses with tools and access to develop a digital financial system.

Plaid is a developer of a data network programming interface designed to allow consumers to connect popular financial technology applications with their traditional bank accounts. The company's platform accesses transactions and personal data like names, phone numbers, addresses and emails for each account from thousands of financial institutions, authenticating them and verifying information in real-time, enabling consumers and businesses to interact with their bank accounts, check balances, and make payments through financial technology applications.

Plaid's technology platform provides the tools and access for the development of a digitally-enabled financial system. Plaid feels their platform makes it easier and safer for developers to build financial services and applications. Plaid initially offered an API to help developers connect financial institutions to customers. They have since used their data access with a suite of data analytics products to provide business insights as well.


On January 13, 2020 Visa Inc agreed to buy Plaid for $5.3 million, which was estimated to be double their valuation after their previous Series C funding round from December 2018.


April 7, 2021
Plaid raises $425 million in Series D fundraise, that gives the company a post-money valuation of $13.4 billion. Altimeter Capital and Silver Lake, both new investors in the startup, co-led the round.
April 7, 2021
Plaid raises a $425,000,000 series D round.
January 27, 2020
Plaid raised $250 million in a Series C, which Visa participated in, at a valuation of $2.65 billion.
January 15, 2020
Visa acquires Plaid for $5.3 billion.
December 2018
Plaid raises a $250,000,000 series C round from Andreessen Horowitz, Goldman Sachs, Index Ventures, Mary Meeker, New Enterprise Associates, Norwest Venture Partners, Spark Capital and The a16z Cultural Leadership Fund.
June 19, 2016
Plaid raises a $44,000,000 series B round from American Express Ventures, BoxGroup, Citi Ventures, Goldman Sachs Investment Partners, New Enterprise Associates, PSP Investments and Spark Capital.
November 2014
Plaid raises a $12,500,000 series A round from Felicis Ventures, Homebrew, New Enterprise Associates and Spark Capital.
September 19, 2013
Plaid raises a $2,800,000 seed round from Amit Avner, David Tisch, Felicis Ventures, Nat Turner, New Enterprise Associates, Spark Capital and Zach Weinberg.
May 2013
Plaid was founded by William Hockey and Zach Perret.

Funding rounds


Further reading

Documentaries, videos and podcasts



Omar Faridi
August 31, 2021
Crowdfund Insider
Commission-free stock brokerage platform Alpaca has reportedly acquired $50 million in capital through a Series B round.
August 17, 2021
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Mary Ann Azevedo
August 2, 2021
BoxGroup has quietly, yet diligently, been funding companies at the early stage for over a decade. The 11-year-old firm in fact was the first investor in Plaid, a fintech company that nearly got sold to Visa last year for billions of dollars. It has seen a number of impressive exits over the years, proving an [...]
Mary Ann Azevedo
July 14, 2021
There are far fewer annoying things than managing one's passwords. There are a bunch of companies out there to help you attempt to do that. And there's also a number of companies that want to go a step further and eliminate the password completely. One such company, Stytch, just raised $30 million in a Series [...]
Mary Ann Azevedo
June 1, 2021
Belvo, a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. A mix of Silicon Valley and Latin American-based VC firms and angels participated in the financing including Future Positive, Kibo Ventures, FJ Labs, Kaszek, MAYA Capital, Venture Friends, [...]
Shannen Balogh
May 18, 2021
Business Insider
Plaid's Zach Perret has been an active angel investor, backing multiple startups already this year, including Cohere, Lowkey, and TryNow.
May 13, 2021
/PRNewswire/ -- Leading payroll API pioneer Atomic today announced the members of its newly formed strategic Advisory Board. In its mission to build a new...
Samantha Hurst
May 7, 2021
Crowdfund Insider
Click HERE to find out ⭐ Plaid Announces New API Partnership With Railsbank. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Annie Siebert
April 29, 2021
Soon, with the emergence of new market leaders, we'll be able to access our health records as easily as our bank statements.
JD Alois
April 27, 2021
Crowdfund Insider
Click HERE to find out ⭐ Paysend Partners with Plaid to Speed Up Digital Transfers. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
April 27, 2021
/PRNewswire/ - A partnership between Mazooma, the gaming industry leader for bank account-based payments, and Fifth Third Bank, N.A. is bringing real-time...
Mary Ann Azevedo
April 26, 2021
Weav, which is building a universal API for commerce platforms, is emerging from stealth today with $4.3 million in funding from a bevy of investors, and a partnership with Brex. Founded last year by engineers Ambika Acharya, Avikam Agur and Nadav Lidor after participating in the W20 YC batch, Weav joins the wave of fintech [...]
Samantha Hurst
April 23, 2021
Crowdfund Insider
Click HERE to find out ⭐ Various Digital Payment Experts Sat Down at UK Fintech Week 2021 to Discuss The Sector's Recent Growth (Video). | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Josh Scott
April 20, 2021
A round-up of day one of Collision 2021, which included Mayor of Toronto John Tory, Geoffrey Hinton, Plaid founder Zach Perret, and more.
Annie Siebert
April 15, 2021
Platforms exist to help startups get to users and customers faster and should be used as means to an end, but everyone must get their piece.
Douglas Soltys
April 10, 2021
Valley-based FinTech unicorn Plaid has been in the news a lot lately, after a $5.3 billion sale to Visa fell through in January, and this week's $425 million
Lea Nonninger
April 9, 2021
Business Insider
Plaid's fresh capital raise comes three months after a $5.3 billion acquisition from Visa announced in January 2020 fell through.
Clare Duffy, CNN Business
April 7, 2021
Financial technology firm Plaid on Wednesday announced a $425 million Series D funding round, more than doubling the total amount the company has raised since its 2012 founding.
Anthony Ha
April 7, 2021
Google announces its I/O plans, Facebook tests an audio Q&A feature and Patreon triples its valuation. This is your Daily Crunch for April 7, 2021. The big story: Google I/O will return virtually next month Google canceled its giant developer conference last year during the pandemic. This year, the show will return in virtual form, [...]
Ryan Weeks
April 7, 2021
The Block
Plaid, the startup that specialises in connecting fintech firms to banks, has closed a $430 million Series D investment.


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