M&A Analysis
Visa’s acquisition of Plaid is a bet on customer financial data as an on-ramp to a growing global financial ecosystem. We look at financing and market trends in the space.
Visa recently announced its $5.3B acquisition of Plaid, a financial data network that allows customers to seamlessly connect and manage financial accounts.
In many ways, Visa wants to be a “network of networks,” and Plaid’s large network of 200M users, 2,600 fintech developers, and 11,000 financial institutions helps to bolster that vision.