Plaid: Company Profile & Valuation

Plaid is an American financial-technology company headquartered in San Francisco that runs a data-transfer network connecting applications to users' bank accounts, so people can check balances, verify their identity and make payments through the fintech apps they use. The platform supports more than 12,000 financial institutions and powers over 9,000 digital financial services, including apps such as Venmo and Chime, through products covering transactions, auth, identity, assets and payment initiation.

Founded in 2012 by Zach Perret and William Hockey, Plaid drew wide attention in January 2020 when Visa agreed to acquire it for $5.3 billion, a deal later abandoned after the U.S. Department of Justice sued to block it on antitrust grounds.

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Plaid.

Often trade at a premium or discount to NAV.

Platforms match existing holders with buyers. Plaid availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Valuations, rounds and IPO status for every company in the directory — Plaid included.

No. Plaid is a private company; its shares do not trade on a public exchange.

The last valuation is $8B.

Lead investors for each round are in the funding timeline.

The closest financial technology (banking data api) peers are on the competitors page.