{"id":40337,"date":"2021-04-07T15:12:57","date_gmt":"2021-04-07T12:12:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40337"},"modified":"2025-08-30T13:42:43","modified_gmt":"2025-08-30T10:42:43","slug":"fintech-startup-plaid-raises-425-million-in-series-d-funding","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fintech-startup-plaid-raises-425-million-in-series-d-funding\/","title":{"rendered":"Fintech startup Plaid raises $425 million in Series D funding"},"content":{"rendered":"<p>The fintech startup Plaid has raised $425 million in a Series D funding round, which will be used to scale the platform.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019ve seen the power of fintech improve people&#8217;s financial lives. Our new funding will help us better support developers across all industries &#038; continue to unlock financial freedom for everyone. We\u2019re excited to continue building the future together. <a href=\"https:\/\/t.co\/1WCNwN0NCz\">https:\/\/t.co\/1WCNwN0NCz<\/a><\/p>\n<p>\u2014 Plaid (@Plaid) <a href=\"https:\/\/twitter.com\/Plaid\/status\/1379750825803751425?ref_src=twsrc%5Etfw\">April 7, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Among the new investors are Altimeter Capital, Silver Lake and Ribbit Capital. Plaid&#8217;s funding round also included participation from Andreessen Horowitz, Index Ventures, Kleiner Perkins, New Enterprise Associates, Spark Capital and Thrive Capital.<\/p>\n<p>Beyond developing the platform, Plaid said it plans to broaden the geographic reach of its services.<\/p>\n<p>Earlier, Visa had planned to acquire Plaid. The British regulator <a href=\"https:\/\/u1f987.com\/en\/news\/uk-antitrust-regulator-approves-visa-plaid-deal\">approved the deal<\/a>, but the U.S. Department of Justice <a href=\"https:\/\/u1f987.com\/en\/news\/us-justice-department-flags-risks-in-visas-planned-acquisition-of-plaid\">deemed it risky<\/a>.<\/p>\n<p>The payments giant was forced <a href=\"https:\/\/u1f987.com\/en\/news\/visa-abandons-plaid-acquisition-after-doj-lawsuit\">to abandon the purchase of the startup<\/a>. Plaid said that Visa would cooperate with the startup as an investor and partner.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fintech startup Plaid has raised $425 million in a Series D funding round, which will be used to scale the platform.<\/p>\n","protected":false},"author":1,"featured_media":40338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Plaid raises $425 million in Series D funding.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[52,1901],"class_list":["post-40337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investments","tag-plaid"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"Plaid raises $425 million in Series D funding.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=40337"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40337\/revisions"}],"predecessor-version":[{"id":40339,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40337\/revisions\/40339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/40338"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}