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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 💡

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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

• A lawsuit accuses Plaid of unauthorized data harvesting by logging into users' bank accounts multiple times daily and exploiting the data for marketing and sales purposes.
• Plaid is currently hiring a Commercial Lead in the United States (Remote).
• Plaid is currently hiring for the position of Privacy & Regulatory Counsel in the United States.
• Plaid executives are participating in the fintech community event 'This Week in Fintech' to gain insights and collaborate with other industry leaders.
• Plaid migrated from hosted MySQL to TiDB, with Principal Engineer Zander Hill leading the project.

• Christopher Yachouh has left Plaid as an Enterprise Account Executive in the United States to join Airwallex as an Associate Director, Enterprise Sales.
• Megha Singhania has joined Plaid as an Integrations Operations Engineer.
• On November 11, 2024, Plaid and AWS discussed advancing open banking and pay by bank in the U.S. with Brian Dammeir, Plaid's head of payments, highlighting the evolving consumer expectations.
• Plaid is assisting thousands of community banks and credit unions in transitioning to API and accessing top open banking products, according to John Pitts, Head of Policy at Plaid.
• Derek Brown from Plaid emphasizes the importance of using SEV4s to proactively track investigations.

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