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Zach Perret

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Visa To Buy Plaid, The Fintech Start-up Powering Banking Apps Like Venmo
January 14th, 2020 - 06:48 GMT

Visa To Buy Plaid, The Fintech Start-up Powering Banking Apps Like Venmo

Visa, a global leader in digital payments, said it has signed an agreement to acquire Plaid, a financial technology start-up, for a total purchase consideration of $5.3 billion. Plaid’s products enable consumers to conveniently share their financial information with thousands of apps and services such as Acorns, Betterment, Chime, Transferwise and Venmo. Consumers rely on these apps and services to help plan their spending, increase their savings and monitor their ...
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