Plaid Stock

Plaid is a leading technology platform that enables applications to connect with users’ financial accounts seamlessly. It offers a range of solutions including payments, personal finance management, fraud prevention, and more. Trusted by businesses worldwide, Plaid aims to empower more secure and interconnected financial services.

Founded: 2013

Plaid Website

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Plaid Company Overview

Plaid Inc. is a leading financial technology company headquartered in San Francisco, California. Plaid provides the infrastructure that enables digital finance applications to connect securely with users' financial accounts. By leveraging its API, developers can integrate financial data from over 12,000 financial institutions, enabling a seamless experience for consumers across various fintech applications. Plaid's platform is designed to support a wide array of financial use cases, including personal finance management, payments, lending, wealth management, and digital banking. Its products, such as Plaid Link, allow users to securely connect their bank accounts to apps and services in a matter of seconds, facilitating tasks like budgeting, investing, and transferring money. The company is recognized for its commitment to security and privacy, employing advanced encryption and stringent compliance standards to protect user data. Plaid's technology is used by some of the most well-known fintech companies, including Venmo, Robinhood, and Coinbase, making it a critical component of the modern financial ecosystem. Over the years, Plaid has expanded its offerings to include solutions for income verification, identity verification, and fraud prevention, further enhancing its value proposition for businesses and consumers alike. The company's mission is to unlock financial freedom for everyone by making it easier for consumers to interact with their financial data and for developers to build innovative financial solutions.

Management Team

Zach Perret Co-Founder & CEO
William Hockey President & CTO
Eric Sager COO
Baker Shogry Head of Product
Pouya Fatemi Head of Finance
Heather Staples Head of Communications
Paul Williamson Head of Sales
Carl Tremblay Head of Platform & Growth

Funding Information

News

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Fiserv, Plaid partner on consumer bank-data sharing

Customers of community banks and credit unions using Fiserv's core banking platform will soon directly control third-party access to their account information among Plaid's network of 8,000 third-party applications and services.

Plaid Adds Direct Deposit Switching Services Partner

You can now use direct deposit switching to allow lenders to verify your income through pay stubs, bank statements and payroll data.

Cross River and Plaid Unveil Faster Multi-Rail Bank Payments Solutions

Cross River Bank ("Cross River"), a technology infrastructure provider that offers embedded financial solutions, today announced the expansion of its partnership with Plaid, a data network powering the digital financial ecosystem, to deliver multi-rail payment solutions to U.S. businesses and their customers.

How a $13 Billion Fintech That Angered Jamie Dimon Won Over Banks

Over the past decade, Plaid’s digital pipes have enabled 1 in every 3 people with a US bank account to connect it to the app or service of their choosing. What’s next for Zach Perret’s $13.4 billion company?

Plaid Signs Agreements to Migrate Traffic to Financial Institutions’ APIs

Plaid is expanding its application programming interface (API)-based data sharing network.