Plaid raised $425m in a Series D funding round to boost its valuation to US$13.4bn.

Apr 04, 2024•over 1 year ago

Amount Raised

$425 Million

Round Type

series d

San Franciscoinformation technology & servicesFintechFinancial ServicesSoftware

Description

Plaid successfully sealed a US$425m Series D funding round, increasing its valuation to US$13.4bn.

Company Information

Company

Plaid

Location

564 Market St

San Francisco, California, United States

About

Plaid is a data network that powers the tools millions of people rely on to live a healthier financial life. Plaid works with thousands of companies like Venmo, SoFi, and Betterment, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. Plaid’s network covers more than 12,000 financial institutions across the US, Canada, UK and Europe. Headquartered in San Francisco, the company was founded in 2013 by Zach Perret and William Hockey.

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Plaid raised $425m in a Series D funding round to boost its valuation to US$13.4bn.

Description

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Company Information