Plaid

Plaid’s Zach Perret: ‘Every company is a fintech company’

"And and so for us, that is that is the only thing that really drives an acquisition conversation, is can we achieve this mission that we hope to achieve in a faster, better way?"

Startups Weekly: A Silicon Valley for everyone

Many in the tech industry saw the threat of the novel coronavirus early and reacted correctly. Fewer have seemed prepared for its aftereffects, like the outflow of talented employees from very pricey

Join us for a live Q&A with Plaid CEO Zach Perret June 18 at 10 a.m. PDT/1 p.m. EDT

Extra Crunch Live, TechCrunch’s chat series for Extra Crunch members, is tacking toward founders after bringing on a host of investors: on Thursday, June 18, Plaid CEO Zach Perret will join us f

Plaid launches Plaid Exchange to help banks manage their API

Plaid, the fintech company that is in the process of being acquired by Visa for $5.3 billion, is launching Plaid Exchange this week. Plaid is mostly known for its range of APIs that let developers acc

Another major fintech exit as SoFi acquires banking and payments platform Galileo for $1.2B

The fintech wars continue to heat up with another major exit in the space. Consumer financial services platform SoFi announced today that it is acquiring payments and bank account infrastructure compa

NewView Capital’s Ravi Viswanathan on how mature companies can survive this market

Ravi Viswanathan has been an investor long enough to see some serious ups and downs. Viswanathan most recently founded NewView Capital a couple of years ago — a firm that launched with $1.35 billion

Pragma is a back-end toolkit for gaming companies, so game developers can focus on games

These days, most of the games developed need to be social, multi-platform and extensible, but there are only a few developers with the expertise to bring those toolsets to the profusion of new games t

NEA, venture capital’s quiet giant, closes on $3.6 billion

While many venture capital firms spend their days either chasing the limelight or shunning it, for the last 42 years, New Enterprise Associates has just done the work of investing capital and building

With a string of hits behind it, Felicis Ventures wraps up its newest fund with $510 million look

Felicis Ventures, the early-stage, Menlo Park-based venture firmed founded nearly 15 years ago by Aydin Senkut, has closed its seventh and newest fund with $510 million in capital commitments. That&#8

For investors, late-stage fintech startups are a lucrative bet

Between two rounds at $500 million and two exits in the billions of dollars, financial technology and financial services startups, and the capital backing them, have been on fire.

Meet Belvo, a YC-backed startup building a financial API for Latin America

In the wake of the $5.3 billion sale of banking API provider Plaid to Visa — a deal generally lauded as intelligent for the larger company — fintech became an even hotter part of the ventu

Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords

The proliferation of data breaches based on leaked passwords, and the rising tide of regulation that puts a hard stop on just how much user information can be collected, stored and used by companies h

Teller raises $4M to take on Plaid in the US by providing API access to bank accounts

“They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banki

Week in Review: Forget cord cutting, here comes the stream slashing

Hey everyone, welcome back to Week in Review where I dive deep into a bit of news from the week or just share some thoughts and go over some of the more interesting stories of the week. If you’r

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
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