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Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation

TechCrunch Monday, 13 January 2020 ()
Visa announced today that it is buying financial services API startup Plaid for $5.3 billion.  Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of facilitating payments, it helps developers share banking and other financial information more easily. It’s the kind of service that makes sense for a […]
Credit: Cheddar Inc. - Published < > Embed
News video: Visa Buys Financial Data Aggregator Plaid for $5.3 Billion

Visa Buys Financial Data Aggregator Plaid for $5.3 Billion 05:15

Visa will pay $5.3 billion to acquire Plaid, the fintech unicorn that gives finance apps data access and analytics, as major card networks fight to increase access to payments and technical infrastructure in a fast-changing, competitive environment.

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Visa to Pay $5.3 Billion for Fintech Startup Plaid [Video]Visa to Pay $5.3 Billion for Fintech Startup Plaid

Visa announced it is spending $5.3 billion to acquire fintech startup Plaid, a unicorn company that allows users to connect their bank accounts to different apps.

Credit: Cheddar Inc.     Duration: 00:18Published

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