The fintech company plans to use the proceeds to cover an upcoming tax bill resulting from employee stock grants and to let employees cash out some of their shares of Plaid stock. Plaid CEO Zach ...

Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch.

Plaid on Thursday announced a new funding round that values the fintech startup at $6 billion, down from $13.4 billion in 2021. The new funding will give some employees a way to cash out. The $575 ...

Visa planned to acquire Plaid in 2020, but the deal was abandoned after regulators expressed concerns. The fintech recently raised capital at a $6.1 billion valuation. Plaid’s management has said that ...