Business & Finance
Finance App Network Maker Plaid Is Said to Consider US IPO
Key Points
Finance App Network Maker Plaid Is Said to Consider US IPO Plaid Inc., a technology company whose network helps fintech apps connect to customer accounts, is considering an initial public offering, according to people familiar with the matter. The company has held preliminary discussions with banks about a potential IPO, the people said, asking not to be identified discussing private information. Plaid secured an $8 billion valuation in a funding round earlier this year, Bloomberg News reported.
Finance App Network Maker Plaid Is Said to Consider US IPO
Plaid Inc., a technology company whose network helps fintech apps connect to customer accounts, is considering an initial public offering, according to people familiar with the matter.
The company has held preliminary discussions with banks about a potential IPO, the people said, asking not to be identified discussing private information. Plaid secured an $8 billion valuation in a funding round earlier this year, Bloomberg News reported.