Plaid is a Payment Operations company founded in 2013 and based in San Francisco, United States. It has raised $1.3B in total funding, most recently a Growth in 2026 at a $8B valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Feb 26, 2026 | Growth | — | $8B | BlackRock, Franklin Templeton |
| Apr 3, 2025 | Growth | $575M | $6.1B |
| Fidelity, BlackRock, Franklin Templeton |
| Apr 7, 2021 | Series D | $425M | $13.4B | Altimeter Capital |
| Dec 11, 2018 | Series C | $250M | $2.6B | Kleiner Perkins |
| Jun 19, 2016 | Series B | $44M | — | Goldman Sachs Investment Partners |
| Nov 1, 2014 | Series A | $12.5M | — | New Enterprise Associates |
| Sep 19, 2013 | Seed | $2.8M | — | Spark Capital |

Plaid holds preliminary IPO discussions with banks; CEO reiterates company is preparing for public markets but no timeline set.
Plaid integrates an AI agent into Plaid Link to help consumers troubleshoot payment and connection issues.

Plaid and PYMNTS Intelligence report finds 84% of firms using instant bank account verification achieved strong fraud reduction outcomes.
Plaid launches an income verification tool for UK and European lenders to assess borrower creditworthiness beyond traditional credit data.
A drop-in, client-side widget that enables users to securely connect their financial accounts to any app or service. This is Plaid's flagship product, handling the OAuth-based account linking flow across 12,000+ financial institutions. It handles MFA, credential verification, and institution selection, allowing developers to integrate a secure account connection experience with minimal code.
An API that provides up to 24 months of categorized transaction history from connected bank accounts. It surfaces merchant names, amounts, dates, and Plaid-categorized merchant categories, enabling apps like budgeting tools and lenders to analyze spending patterns. The API also supports enrichment with logo and location data for a richer user experience.
A digital identity verification product that helps businesses verify users during financial onboarding. It uses document scanning, biometric liveness checks, and data cross-referencing to confirm a user's identity. The product is designed to reduce fraud risk while streamlining compliance with KYC and AML regulations for fintechs, neobanks, and other financial platforms.
An API that enables instant bank-to-bank payments directly within apps, bypassing traditional card networks. It supports both ACH and instant payment rails in the US and UK/Europe, with built-in account verification and fraud checks. This allows companies like Venmo and SoFi to offer faster, lower-cost payment experiences to their users.
30 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.
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