Plaid | Latest News & Updates - Apr 03, 2025 Release
Plaid raised $575M led by Franklin Templeton and others to address employee tax obligations and provide liquidity, following a year of significant growth and product expansion...
Brought to you by RivalSense - an AI tool for monitoring any company.
RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡


Plaid
🌎 plaid.comPlaid is a data network that powers the tools millions of people rely on to live a healthier financial life. It enables companies to build fintech solutions by facilitating the connection between users' financial accounts and various apps and services. Founded in 2013 and headquartered in San Francisco, Plaid works with thousands of companies, including major banks and fintech apps like Venmo and SoFi, covering over 12,000 financial institutions across the US, Canada, UK, and Europe.
Plaid - Latest News and Updates
- Plaid raised $575M led by Franklin Templeton and others to address employee tax obligations and provide liquidity, following a year of significant growth and product expansion.
- Plaid announced raising approximately $575 million led by Franklin Templeton, with participation from Fidelity, NEA, and Ribbit Capital, to address employee tax withholding obligations and provide liquidity.
- Plaid introduced a shared services chargeback model called Split Billing, allowing companies to track and allocate their Plaid spend across business units with centralized contracting, as announced by Maggie Bouscaren, Head of Pricing at Plaid.
- Plaid introduced new features for account verification, allowing users to configure Auth and Identity Match rules directly in the dashboard.
- Plaid enables borrowers to connect their wallets and Web2 financial data to unlock credit in DeFi, CEX, and banking without collateral through a point-to-pool credit protocol by 3Jane.
- Plaid has integrated with a platform to enable instant bank connections for cryptonative borrowers across over 12,000 U.S. financial institutions.
- Plaid participated in the Accelerate25 event in New Orleans, with Lee Srebnick from Sales and others available at booth #305.
- Plaid is currently hiring a Business Systems Analyst, HR in the United States.
- Plaid's Lifecycle Marketing role is crucial for driving customer engagement and retention by scaling automated programs and enhancing audience segmentation to support growth.
Sign up to receive regular updates
If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.
