Plaid

The paradox of 2020 VC is that the largest funds are doing the smallest rounds

I talked yesterday about how VCs are just tired these days. Too many deals, too little time per deal, and constant hyper-competition with other VCs for the same equity. VCs are just tired One founder

Visa’s Plaid acquisition shows a shifting financial services landscape

When Visa bought Plaid this week for $5.3 billion, a figure that was twice its private valuation, it was a clear signal that traditional financial services companies are looking for ways to modernize

Daily Crunch: Visa makes a $5.3 billion acquisition

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe her

A look inside Visa’s shareholder presentation for the $5.3B Plaid deal

Fresh off the news yesterday that Visa is buying fintech unicorn Plaid for $5.3 billion, the payments giant is making its case to its shareholders. Given the scale of the deal, and the implied bet tha

Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation

Visa announced today that it is buying financial services API startup Plaid for $5.3 billion.  Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of faci

Plaid announces strategic investment from Mastercard and Visa

When Plaid announced its $250 million Series C investment last year, it left out a couple of key investors. Today it revealed that Mastercard and Visa quietly participated in the round. For a company

Accel and Sequoia seed Middesk with $4M to background check businesses

Middesk helps financial entities identify business and regulatory risk in their customer base.

Plaid introduces Liabilities to create debt-tracking apps, starting with student loans

Plaid has always been about helping developers build financial applications. Up until now that has involved standard checking and savings, and, more recently, investments. Today, Plaid is introducing

Equity transcribed: Slack’s IPO, the VCs behind Facebook Libra, founder salaries and trouble in scooter-land

Welcome back to this week’s transcribed edition of Equity. This week, TechCrunch’s Danny Crichton filled in for co-host Alex Wilhelm – who was out in preparation for his wedding this we

Plaid puts Quovo acquisition right to work with new investments product

When Plaid acquired Quovo earlier this year, it was clear the company wanted to move beyond checking and savings data to a broader view of investments. Today, the company announced Investments, an API

Fresh off a $2.65B valuation, Plaid co-founder William Hockey is leaving

"This conclusion was neither a rash nor a recent decision," Hockey explains.

Plaid expands financial service API to include all US banks

Plaid, developers of financial services APIs, has been helping developers connect an app to a major U.S. bank account for several years, but today they expanded that API to include all U.S. banks, inc

Plaid snags Quovo to build full-service financial API offering

Plaid, a startup that has made a name building APIs for financial services apps aimed at consumers, expanded its horizon today with the purchase of Quovo, a similar company with a focus on the investm

Ridesharing IPOs and $850M for Luckin, Plaid and Zymergen

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had the regular crew back together, which was good fun

Fintech startup Plaid raises $250M at a $2.65B valuation

Mary Meeker, the author of the Internet Trends report, has led the round for Plaid via Kleiner Perkin's growth fund.

Can SaaS principles transform political campaigns as we know them?

In life, they say you get what you pay for. That is no less true in politics, which is fueled by campaign donations and lobbying dollars that move policy on every important issue under the sun. The di

Plaid delivers bank account integration to enterprise developers

Plaid, which is best known for helping financial services customers build applications with direct connections to their users’ bank accounts, announced today that they have released a new SDK to

Plaid puts out a ‘request for startups’ in nine underserved fintech sectors

Plaid wants to make it easier for financial services companies to serve consumers and businesses, but it sees significant holes in the fintech ecosystem. As a result, the company has issued a Y Combi

Innovation under the hood will rev the engines of a fintech revolution

New consumer-facing financial applications are being built on top of old banking infrastructure, while other startups are going around financial infrastructure altogether. Together, they are unbundlin

Plaid Raises $2.8M To Make Banking Data More Developer Friendly

A number of well-known venture firms are getting behind <a target="_blank" href="http://www.plaid.io">Plaid</a>, a startup that describes itself as "the modern API for banking data." The company is