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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 💡

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Plaid

🌎 plaid.com

Plaid 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.

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Plaid - Latest News and Updates

• Plaid's customer YouLend offered financing nearly three times faster than traditional methods with a 90% approval rate.
• Lauren Sullivan Bowes has joined Plaid as Head of Sales - Banking and Wealth.
• Plaid is used by fintech companies like Kalder to enable integrated rewards offers with any linked debit or credit card.
• Aish Bhavan has left Plaid as a Software Engineer to join Airbnb as a Principal Engineer in the United States.
• Plaid was highlighted for its role in understanding risk at the This Week in Fintech and CMS UK dinner event last week.

• Plaid is part of NVC's portfolio, which includes leading companies in fintech and other sectors.
• Plaid provides APIs that connect apps to users' bank accounts, playing a key role in the embedded finance ecosystem by enabling financial data integration and personalized financial experiences.

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