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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 introduced 'Investments Move' to simplify investment transfers without selling securities, now used by fintech brokerages like Robinhood, Frec, and Public.
• Plaid is experiencing strong momentum in Europe and is supporting international expansion for fintech companies like Affirm, YouLend, and Square by enabling seamless cross-border financial services.
• Plaid is enhancing its real-time payment capabilities with an API-first solution following the RTP network's transaction limit increase to $10 million, as shared by Brian Dammeir, GM, Head of Payments at Plaid.
• Plaid's customer YouLend offered financing nearly three times faster than traditional methods with a 90% approval rate.
• Tamara Romanek has left Plaid as Head of Partnerships to join Apple as Apple Pay Business Development and Partnerships in the United States.

• Pranav Kantawala has left Plaid as Head of Platform (VP of Engineering & GM) to join Snowflake as Senior Director of Engineering in the United States.
• Plaid is hosting a Holiday Happy Hour with Astra in Boston on December 11th.
• Plaid is experiencing renewed interest from businesses expanding between the US and Europe, driven by growing demand for online finance.
• Louise Favre-Gilly Ciardi has joined Plaid as an Enterprise Account Manager in the United States.
• Andrew King, previously with Plaid, announced he was laid off over the summer.

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