Plaid to seek financing that could triple its valuation to ~$15B according to a source, amid a surge in investor interest following Visa's abandoned acquisition
Plaid reportedly seeking fresh funds at a $15B valuation (that's 3x what Visa offered to buy it last year). Looks like the fintech funding frenzy shows no signs of slowing down. Via @KateClarkTweets: https://www.theinformation.com/ ...
Folks- the @Plaid fomo is real. Offers coming in at $15B valuation immediately after termination of $5.3B acquisition by Visa. Why? Look at Square, Adyen, Paypal. (And Plaid customers Coinbase & Robinhood) by @KateClarkTweets https://www.theinformation.com/ ...
Thank you DOJ, indeed. We need more competition in most sectors in our economy, especially big tech, and I would like to see much more aggressive antitrust policy*. * However, a 14 month review of Google acquiring Fitbit is just a waste of time. https://twitter.com/...
if the UK's open banking regulation catches up to the US (with Biden as pres, might be more likely than ever before), Plaid's easily worth $50 billion in 5 years https://www.theinformation.com/ ...
In the wake of Plaid + Visa's scrapped merger, investors are trying very hard to buy shares in the fintech startup. While the board has yet to approve and secondary sales, the surge in interest could drive Plaid's valuation sharply higher. —> https://www.theinformation.com/ ...