Plaid
Founded Year
2013Stage
Series D - II | AliveTotal Raised
$734.8MRevenue
$0000About Plaid
Plaid offers a financial technology data network programming platform. It develops infrastructure intelligence tools to create financial products and helps to connect with users' bank accounts. The company offers services including personal finances, lending, wealth, open finance, consumer payments, digital banking, business finances, and more. It was founded in 2013 and is based in San Francisco, California.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
ESPs containing Plaid
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The income & employment verification platforms market enables lenders and other financial institutions to verify and validate income and employment information of individuals or customers. These platforms utilize APIs, machine learning, and intelligent document processing to streamline the verification process, ensuring accuracy and compliance with regulations. By adopting these platforms, compani…
Plaid named as Leader among 10 other companies, including Ocrolus, Argyle, and Atomic.
Plaid's Products & Differentiators
Transacttions
Retrieve typically 24 months of transaction data, including enhanced geolocation, merchant, and category information. Stay up-to-date by receiving notifications via a webhook whenever there are new transactions associated with linked accounts.
Research containing Plaid
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Plaid in 23 CB Insights research briefs, most recently on Jul 24, 2023.
Expert Collections containing Plaid
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Plaid is included in 7 Expert Collections, including Digital Banking.
Digital Banking
938 items
Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.
Unicorns- Billion Dollar Startups
1,227 items
Fintech 250
997 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Digital Lending
2,271 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Tech IPO Pipeline
568 items
Fintech
8,086 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Plaid Patents
Plaid has filed 30 patents.
The 3 most popular patent topics include:
- Data management
- Payment systems
- Social networking services
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/3/2022 | 9/5/2023 | Remote desktop, Wireless networking, Computer network security, Thin clients, Network management | Grant |
Application Date | 3/3/2022 |
|---|---|
Grant Date | 9/5/2023 |
Title | |
Related Topics | Remote desktop, Wireless networking, Computer network security, Thin clients, Network management |
Status | Grant |
Latest Plaid News
Sep 8, 2023
thesequence.substack.com Sep 8, 2023 thesequence.substack.com Want to know how Plaid, a leading fintech company, built the ML infrastructure that powers Signal, its payment fraud detection and prevention application? Then join us on September 20 at 9:30 AM PT for this virtual fireside chat! Guest speaker Renault Young, a Software Engineer at Plaid, and Kevin Stumpf, CTO of Tecton, will discuss: Overcoming the challenges faced during Plaid's quest for effective payment fraud detection, including how to solve for out-of-order transaction data. Technical solutions they adopted, including a new ML platform that allows for generating training datasets and designed for feature freshness and seamless large-scale production. The benefits derived from this new architecture—such as improved cost management, and better workspace and access controls—along with a look into future optimizations.
Plaid Frequently Asked Questions (FAQ)
When was Plaid founded?
Plaid was founded in 2013.
Where is Plaid's headquarters?
Plaid's headquarters is located at Post Office Box 7775, San Francisco.
What is Plaid's latest funding round?
Plaid's latest funding round is Series D - II.
How much did Plaid raise?
Plaid raised a total of $734.8M.
Who are the investors of Plaid?
Investors of Plaid include American Express Ventures, J.P. Morgan Private Bank, New Enterprise Associates, Spark Capital, Andreessen Horowitz and 23 more.
Who are Plaid's competitors?
Competitors of Plaid include Perfios, ASA, FinGoal, Volt, Bond, RIBBIT.ai, Nymbus, Atomic, Pinwheel, Spade and 37 more.
What products does Plaid offer?
Plaid's products include Transacttions and 4 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare Plaid to Competitors
Synapse develops a platform helping banks and developers work together. The technology involves developer-facing application programming interfaces (APIs) that allow companies to connect with banks to offer services, and also bank-facing APIs that allow banks to automate and extend back-end operations. It was formerly known as Synapse Payments. It was founded in 2014 and is based in San Francisco, California.
Teller provides an API for bank accounts. It enables applications to connect with all of the user's bank accounts across institutions, providing one API to move money, make payments, view transactions, and more. Teller provides a suite of APIs allowing the user to not only build applications that can read data from bank accounts but also applications that perform write operations, e.g. making payments.
Yapily is an open banking platform. The company's platform allows companies to access financial data and initiate payments and offers financial data, account validation, payment, bulk payment, and virtual accounts. The company serves wealth management, lending, digital banking, accounting, payments, and crypto industries. It was founded in 2017 and is based in London, United Kingdom.
TrueLayer offers an open banking payments network. It helps startups and banks to drive products in financial services and supports account verification, know-your-customer (KYC) processes, and transactional data for account aggregation, credit scoring, and risk assessment. It was founded in 2016 and is based in London, United Kingdom.
Fabrick is a open finance platform. The company offers payment solutions that enable and foster a fruitful exchange between players that discover, collaborate, and create solutions for end customers. Fabrick was founded in 2018 and is based in Biella, Italy.
Budget Insight develops an API for users to offer their clients a personalized management tool for their real-time, tailor-made finance. Users choose the bank, assets, invoices, and budget management options to customize it to their needs. All data is encrypted on servers located in France. The company was founded in 2012 and is based in Roubaix, France.
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