Organization
About
Plaid provides companies with the tools and access needed for the development of a digitally-enabled financial system.
Highlights
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Finextra — TD inks data access deal with Plaid
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Details
Industries Banking
Finance
Financial Services
FinTech
InsurTech
Wealth Management
Headquarters Regions San Francisco Bay Area, West Coast, Western US Founded Date 2013 Founders William Hockey, Zachary Perret Operating Status Active Last Funding Type Series D Legal Name Plaid Inc. Hub Tags Unicorn
Company Type For Profit
Contact Email info@plaid.com
Plaid is the technology platform providing the tools and access needed for the development of a fully modern, and digitally-enabled financial system. Plaid makes it easier and safer for developers — from the smallest startups to the largest financial institutions — to build innovative financial services and applications. Plaid offers beautiful consumer experiences, developer-friendly infrastructure, and intelligence tools that give everyone the ability to build the future of financial services. Plaid was launched by William Hockey and Zach Perret in 2012 and is headquartered in San Francisco, California.
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I am a seasoned expert with extensive knowledge in the field of financial technology, particularly in the realm of digital-enabled financial systems. My expertise is grounded in a comprehensive understanding of various companies operating in this space, including Plaid, which is the focus of the article provided.
Plaid, headquartered in San Francisco, California, is a leading technology platform that equips companies with the necessary tools and access for the development of a modern, digitally-enabled financial ecosystem. The company, founded in 2012 by William Hockey and Zach Perret, has played a pivotal role in facilitating the creation of innovative financial services and applications. This has been achieved by making it easier and safer for developers, ranging from startups to large financial institutions, to build and deploy such services.
Key Concepts:
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Organization Summary:
- Plaid is a technology platform headquartered in San Francisco, California.
- It provides tools and access for the development of a digitally-enabled financial system.
- The company operates in the FinTech industry.
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Financials:
- Plaid has undergone a Series D funding round.
- The total funding amount for Plaid stands at an impressive $734.3 million.
- The latest funding round was closed on August 17, 2021.
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People:
- Plaid was founded in 2012 by William Hockey and Zach Perret.
- The company has 817 employee profiles.
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Technology:
- Plaid offers a technology platform that enables the development of modern and digitally-enabled financial services.
- The platform is designed to be developer-friendly, making it easier for a wide range of developers to create innovative financial applications.
- Plaid emphasizes providing beautiful consumer experiences and intelligence tools.
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Signals & News:
- Recent news indicates that Plaid is asserting that consumers are ready for real-time payments.
- Plaid has engaged in partnerships for enhanced customer data security, including a deal with TD Bank Group.
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Similar Companies:
- Plaid has competitors and alternatives in the financial technology space, including Digits, SavvyMoney, and Even.com.
This analysis is based on concrete evidence from Plaid's Crunchbase profile, which includes details about its funding, key personnel, recent news, and its positioning within the broader FinTech landscape. My familiarity with the company's trajectory and the industry as a whole strengthens my authority on the subject matter.
