Visa is buying Plaid, which helps popular fintech apps connect to users' bank accounts, for $5.3B
- Visa is buying Plaid in a deal worth $5.3 billion — roughly double the start-up's last private valuation. — Plaid's API software lets start-ups connect to users' bank accounts and works with Venmo …
CNBC Kate Rooney
Related Coverage
- Visa, Plaid, Networks, and Jobs Stratechery · Ben Thompson
- Visa To Acquire Plaid Business Wire
- Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation TechCrunch
- Why Visa Is Buying Fintech Startup Plaid For $5.3 Billion Forbes · Jeff Kauflin
- JPMorgan wants to create a dashboard for customers to pick and choose data that third-party apps access … Business Insider
- Plaid is joining Visa Plaid - Blog · Zach Perret
- Visa acquires fintech startup Plaid for $5.3 billion BetaNews · Mark Wyciślik-Wilson
- Why is Visa Forking Out a Cool $5.3 Billion for Payments Firm Plaid? Computer Business Review · Ed Targett
- Quickly Unpacking Visa's $5.3B Acquisition Of Plaid Haystack.vc · Semil Shah
- The Hard Work Behind Making Money Easy: Seven Founder Strategies that Drove Success at Plaid. NEA · Rick Yang
- With Plaid Acquisition, Visa Makes a Big Play for the ‘Plumbing’ That Connects the Fintech World Fortune
- Visa Is Acquiring Fintech Startup Plaid in $5.3 Billion Deal coinspeaker.com · Daria Rud
- Visa acquires fintech startup used by Venmo, CoinBase for $5.3 billion Engadget · Christine Fisher
- Visa's Latest Fintech Buy Wears Plaid And Costs $5.3B Crunchbase News · Sophia Kunthara
- Visa acquires fintech player Plaid for $5.3 billion ZDNet · Natalie Gagliordi
- Visa is buying one of San Francisco's top fintechs for $5.3B Silicon Valley Business … · Mark Calvey
- Visa's $5 billion Plaid deal takes a possible rival off the table The Latest · John Adams
- Visa To Acquire Plaid For $5.3B PYMNTS.com
- Visa closes in on a deal to buy fintech Plaid - WSJ Seeking Alpha · Liz Kiesche
- Our Prediction came true - Plaid has exited! Kähler VC.X · Kähler VC.X
- Sources: Visa is nearing a deal to buy Plaid, which helps popular fintech apps connect to users' bank accounts and was valued around $2.65B in 2018 Wall Street Journal
- Visa Is Acquiring Plaid For $5.3 Billion Slashdot · BeauHD
Discussion
-
@salihsarikaya
Salih Sarikaya
on x
Corporates are buying insurance against disruption: Have you heard of @Plaid before? @Visa is acquiring financial services API startup Plaid for $5.3 billion, 2x its final private valuation https://techcrunch.com/...
-
@rickyang
Rick Yang
on x
Founders—if this has inspired you, DMs are open! 🙃 + Congrats to my partners @patrickchung & @ravi_vis who were huge supporters from day one. @arampell @hunterwalk @VC_LisaWu @Mark_Goldberg_ #MaryMeeker @santopoliti @satyap @speechu #TopherDawe @weschan—let's do it again! 👊 pic.t…
-
@zebulgar
DELIAN Asparouhov
on x
Visa presentation on why they acquired Plaid is an incredible read So interesting to see how they articulate how it fits into the overall Visa strategy https://s1.q4cdn.com/...
-
@bgarlinghouse
Brad Garlinghouse
on x
Not surprising to see this kind of consolidation, and expect this will set the stage for more to come in 2020 - in fintech, crypto and beyond. https://twitter.com/...
-
@charleyma
Charley Ma
on x
When I flew out to sf over 5 years ago for my final interview at Plaid, almost all the “experts” I talked to told me not to join. “The market is too small, the founders don't have the right experience, the team is all randos, the company is way too small, etc etc” https://twitter…
-
@brianroemmele
Brian Roemmele
on x
Boom! Visa just announced they are buying fintech Plaid for $5.3 billion. This bodes very well to the path of Visa (and other card brands) embracing Bitcoin as I predicted in 2014. In 2014 I was a charlatan to suggest this. In 2020 it is possible but not likely. In 2025? https://…
-
@zachperret
Zachary Perret
on x
Wow. Today has been surreal. I'm so incredible proud of the company that the @Plaid team has built over the past 7 years. Today's announcement is a huge milestone for our company, customers, bank partners, and the fintech ecosystem! https://www.cnbc.com/...
-
@nea
@nea
on x
🎉 Congratulations, @Plaid @williamhockey @zachperret —the #fintech 🤑 company that has made money easier is to be acquired by @Visa! @NEA's @rickyang, an early investor and BOD member, details The Hard Work Behind Making Money Easy: https://www.nea.com/... pic.twitter.com/Jvw6tRW…
-
@joshelman
Josh Elman
on x
Big move for Visa to insert themselves and stay at the center of fin tech. Huge for the industry and congrats to team @Plaid! https://twitter.com/...
-
@alexrkonrad
Alex Konrad
on x
Visa is acquiring startup Plaid for a whopping $5.3 billion. Wondering what Plaid does? I profiled the fintech unicorn in the April 2018 issue of @Forbes: https://www.forbes.com/...
-
@dwr
Dan Romero
on x
Coinbase has been able to move many billions of dollars into Bitcoin via the US ACH system—a convenient but reversible (and thus fraud-prone) payment rail—in large part because of what Plaid provides. Underrated part of the crypto adoption story in the US.
-
@mokoyfman
Mo Koyfman
on x
I'm so happy for @zachperret @williamhockey and the entire @Plaid team. They did it with relentlessness, creativity, dignity, and class. They deserve it all and more. Onwards! https://www.businesswire.com/ ...
-
@satyap
Satya Patel
on x
Can't say enough about @zachperret @williamhockey and the @Plaid team. Truly revolutionizing an industry. https://www.businesswire.com/ ...
-
@visanews
@visanews
on x
Visa to acquire @Plaid, a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives https://www.businesswire.com/ ... https://twitter.com/...
-
@adamnash
Adam Nash
on x
Wow wow wow. Congrats to @zachperret and the @plaid team. This is an incredible outcome. 🎉🔥🚀 Visa acquires Plaid for $5.3 Billion. https://www.businesswire.com/ ...
-
@jamestitcomb
James Titcomb
on x
Imagine a company that lets you move money out of your bank account being worth $5.3bn in anywhere but America https://www.businesswire.com/ ...
-
@levynews
Ari Levy
on x
goodness i did NOT see this one coming https://www.cnbc.com/...
-
@kr00ney
Kate Rooney
on x
It's official: Visa is buying @Plaid, the fintech start-up powering Venmo and other banking apps, for $5.3 billion. Roughly 2x its last private valuation 💸 https://www.cnbc.com/...
-
@bullyesq
@bullyesq
on x
Wow - what a great move by Visa. This is YouTube/WhatsApp tier M&A. https://www.cnbc.com/...
-
@leimer
Bradley Leimer
on x
Congrats to early investors and employees of Plaid. Crazy number. Still unsure how Visa will capitalize but they needed something. Good times, good times. https://twitter.com/...
-
@psb_dc
Theo
on x
Whoa. Doesn't seem like there is an end to the buying / merger spree in #payments and #fintech. So who is next? Any predictions? @bornonjuly4 @leimer @Clagett @MicheleTivey https://twitter.com/...
-
@mcwm
Mike Murphy
on x
so many fintech apps, big move by visa https://www.cnbc.com/...
-
@mark_goldberg_
Mark Goldberg
on x
1/ Congrats to @Plaid, @zachperret and @williamhockey on merging forces with @Visa! So proud to have been part of the journey along with @arampell, Mary Meeker, @rickyang, @santopoliti. https://blog.plaid.com/...
-
@eringriffith
@eringriffith
on x
heyo - big fintech exit for goldman, index, NEA, spark and KP (a mary meeker deal, i believe) https://www.businesswire.com/ ...
-
@howardlindzon
@howardlindzon
on x
I like this Take. Have to imagine bid up because MasterCard was involved too ...oh man our data is truly being aggregated .... https://twitter.com/...
-
@zerobeta
Justin Paterno
on x
Plaid and Visa deal makes sense. Plaid has a existential threat from banks turning them off and not supporting them. Visa has an existential threat from wallets like Venmo, Square.