Plaid: What do you think of the prospects?

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Date: 22.01.2021

Plaid is focused on democratizing financial services through technology. They started out by building the technical infrastructure APIs that connect consumers, traditional financial institutions, and developers. Today, startup add key insights to the data access we provide with our suite of analytics products.

Financial-technology firm Plaid Inc. is planning to nearly double its size in Europe, focusing on expanding the business’s global reach after Visa Inc.’s $5.3 billion acquisition fell through.

Plaid will have about 80 employees in its London and Amsterdam offices by the end of 2021, up from 40 to 50 currently, Keith Grose, head of the San Francisco-based company’s international business, said in an interview.

Cоmpany has more than 4,000 customers including the likes of Microsoft Corp. and Alphabet Inc.’s Google, and has attracted top-tier financial investors including Goldman Sachs Group Inc.

Source: Bloomberg.com

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