Tag: Plaid
The 26 FinTech deals of last week show the unicorns are...
FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.
Plaid inks $425m Series D, gains decacorn status
Open banking platform Plaid hauled in a massive $425m Series D funding round led by Altimeter Capital with participation from new investors Silver Lake and Ribbit Capital, pushing the firm’s valuation to $13.4bn.
Plaid’s accelerator FinRise reveals first five FinTech startups in its programme
FinTech firm Plaid unveiled the first cohort of startups in its new accelerator program, FinRise.
Try now and buy later platform TryNow closes $12m Series A
TryNow, a software platform designed to help consumers try items before they buy them, has scored $12m in its Series A round.
Plaid could be worth $15bn after a new $600m funding round
San Francisco-based FinTech Plaid, co-founded by Zach Perret and William Hockey, is raising $600m in new funding and will reportedly be valued at as much as $15bn, according to The Information.
Banking tool developer Narmi closes Series A round
Digital banking solution developer Narmi has bagged $20.4m in its Series A funding round to help community banks and credit unions better compete against megabanks, challenger banks and FinTechs, it claims.
Visa’s acquisition of Plaid has officially been called off
After a year marred by an antitrust suit, Visa's acquisition of Plaid has officially been called off as the CEO says regulatory reviews threatened consumers' interests.
Personal finance app Northstar secures its Series A on $7.3m
Northstar, which is enabling employers to offer their staff more financial wellness benefits, has scored $7.3m in its Series A round.
DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.
Visa’s acquisition of Plaid could be in jeopardy due to antitrust...
Visa bought Plaid in January as part of a $5.3bn deal, but now fears about it creating a monopoly situation could make regulators put a stop to the acquisition.