Focusing on the Fintech Startups!

Funding Round

Recently, Fintech software startup Plaid Technologies Inc. raised $44 million. The funding round was led by Goldman Sachs Group Inc. With the total funds of $60 million, the startup plans to boost its current technology being used for apps and websites that provides access to the customer data held by bank.

About Plaid

Plaid develops state-of-the-art software that lets financial-technology startup to access their customer’s bank account information. Lately, banks and the fintech firms have come up with a viable solution of accessing data, including concerns about security of passwords and surges of data traffic to banks’ websites.

Takeaways:-

• Fintech software startup Plaid Technologies Inc. raised $44 million.
• With the total funds of $60 million, the startup plans to boost its current technology being used for apps and websites that provides access to the customer data held by bank.
• Plaid develops state-of-the-art software that lets financial-technology startup to access their customer’s bank account information.