Full-Time
Connects financial accounts to apps securely
No salary listed
Senior
Company Historically Provides H1B Sponsorship
United States
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Plaid simplifies financial data management for individuals and businesses by connecting various financial accounts to apps and services. Its main product is a set of APIs that allow developers to integrate financial data into their applications, enabling users to track spending, initiate payments, and access financial services all in one place. Plaid serves a wide range of clients, including app developers and financial institutions, and is used by popular apps like LendingTree and Square. Unlike many competitors, Plaid focuses on providing a comprehensive suite of APIs that cover various financial use cases, ensuring secure and seamless data sharing. The company's goal is to enhance the way users interact with their financial information, making it easier for them to manage their finances.
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$1.3B
Headquarters
San Francisco, California
Founded
2013
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We've got you covered: From medical, life, and 401ks, we’re here to support your physical, mental, and financial wellbeing.
Everyone is an owner: We want everyone to feel ownership over their work - literally, which is why we offer equity to full-time Plaids.
Vacation your way: We want to make sure you have time to meet your personal needs with unlimited PTO and two weeks of synchronous, company-wide vacation.
Grow your skills: Every Plaid is in control of their career development with our learning stipends, tools, and trainings.
For Plaid, the connectivity — tying bank accounts to a broad range of providers across financial systems — lays the groundwork for double-digit growth. And while the news Thursday (April 3) may have centered on a $575 million capital raise (and a $6.1 billion valuation) and the fact that the firm will reportedly not go public [] The post Plaid: Bank Account Connectivity Underpins ‘Data Revolution’ in Financial Services appeared first on PYMNTS.com.
Plaid, a leader in the %Plaid sector of the %Fintech industry, has successfully raised $575 million in a funding round led by notable investors including Fidelity, BlackRock (NYSE: $BLK), Franklin Templeton, and NEA.
Plaid postponed its IPO plans and raised $575 million in a downround, valuing the fintech at $6.1 billion. This is a significant drop from its 2021 valuation of $13.4 billion. The round was led by new investors like Franklin Templeton, Fidelity, and BlackRock. Funds will provide liquidity to employees and convert RSUs. Despite a 25% revenue growth in 2024, Plaid isn't ready for an IPO yet, but plans one in the future. Recent market volatility has cooled IPO interest in tech.
Digital finance platform Plaid says it has raised $575 million in new funding.
Plaid's $575M raise: no IPO in 2025, valuation dips.