Plaid

● Active

Fintech / Open Banking Infrastructure · San Francisco, California, USA · Est. 2013

open bankingfintech infrastructureAPIfinancial dataidentity verificationincome verificationaccount aggregationembedded finance↗ Website

~$6B (private)

Valuation

$300M

Revenue

900

Employees

2013

Founded

Plaid is the leading financial data network and open banking infrastructure company, enabling consumers to securely connect their bank accounts to thousands of fintech apps and financial services. Plaid's API platform processes hundreds of millions of connections, powering core financial workflows including identity verification, income verification, account linking, and transaction data for apps like Venmo, Robinhood, Coinbase, and Square. With 12,000+ financial institution integrations and a presence in the US, Canada, UK, and Europe, Plaid is the backbone of the open finance ecosystem.

Recent Press

5 items

PRESS RELEASE·2 days ago

Plaid Launches Next-Generation Fintech / Open Banking Infrastructure Infrastructure Platform

The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.

FUNDING·3 weeks ago

Plaid Secures $220M Series F at $6.8B Valuation

The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.

ACQUISITION·5 weeks ago

Plaid Acquires Developer Tooling Startup Stackform for $85M

The 18-person Stackform team joins Plaid Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.

PRESS RELEASE·2 months ago

Plaid Expands Strategic Partnership with Google Cloud

The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.

EARNINGS·3 months ago

Plaid Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates

Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.

Company History

9 milestones

Plaid is established with a founding team of 6. The company sets out to reimagine fintech / open banking infrastructure infrastructure from the ground up, with its first office in San Francisco, California, USA.

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