Plaid
Plaid, once aimed at mostly fintechs, is growing its enterprise business and now has over 1,000 customers signed on
Plaid’s expansion into being a multi-product company has led to real traction beyond traditional fintech customers.
From Sword Health to Stripe, these startups are likely — or definitely — not having IPOs this year
Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four venture-backed tech…
Welcome to TechCrunch Fintech (formerly The Interchange)! We’re back after a brief hiatus, and I can tell you that judging by the volume of pitches I received last week, venture…
Could 2024 be the year for fintech IPOs? Quite possibly, according to F-Prime Capital’s State of Fintech 2024 report. F-Prime — a VC firm with over $4.5 billion in assets…
Plaid’s new president hails from Cloudflare, has IPO experience
Plaid has named Jennifer (Jen) Taylor, who most recently served as Cloudflare’s chief product officer, as its first president. The move is notable in that it comes just months after…
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox…
A CFO, recent notes on limited burn, and enough historical information to indicate that the company is IPO-sized already? Things are looking good for a Plaid IPO.
Plaid taps former Expedia exec as its new chief financial officer, says ‘no timeline’ for IPO
Fintech startup Plaid has hired former Expedia CFO Eric Hart to serve as its first chief financial officer. When asked if the move meant that the company was planning to…
Plaid’s Zach Perret on Visa, valuations and privacy
In a wide-ranging conversation at this year’s Disrupt, founder Zach Perret talked candidly about the highs and lows of Plaid’s journey.
Plaid unveils new collaboration network aimed at giving fintechs a way to share fraud intelligence
Fintech startup Plaid got its start as a company that connects consumer bank accounts to financial applications, but has since been gradually expanding its offerings.
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site,…
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Plaid lays off 20% of staff
Fintech decacorn Plaid is laying off 260 employees, or about 20% of its workforce, the company announced today. While specific details around who exactly was affected remain unknown, sources in recent months had told TechCrunch that the San Francisco-based startup’s engineering team was likely to take a big hit. In…
Plaid today announced that it has named Meta veteran John Anderson to serve as its new head of payments. The fintech startup has slowly been evolving its offerings beyond its…
Argyle, which wants to help companies and institutions get access to employment records, has laid off a number of employees across all departments, TechCrunch has learned from sources. A spokesperson…
As a Stripe investor cuts the value of its stake, more evidence of fintech valuation pressure
Stripe is one of the most valuable companies in the fintech game, period, and an obvious bellwether for the fintech startup market.
The next decade for health tech may look a lot like the last decade for fintech
Will healthcare startups tap into new regulatory guidelines with the same fervor that fintech founders have over the last decade?
Plaid adds read-only support for leading crypto exchanges
Plaid, the company building data transfer technologies to power fintech and digital finance products like smartphone-based wallets, today announced that it’s adding support for leading crypto exchanges to its data…
For businesses seeking low-code fintech infrastructure options, there’s a Quiltt for that
Company founders pivoted when customers wanted their fintech data engine over their budgeting app.
DEUNA enters Latin America’s crowded one-click checkout sector flush with $37M
The company is targeting the region’s challenges of customer acceptance, conversion and fraud with its “Commerce 3.0” payment infrastructure.
Fintech Kasheesh wants financially strained customers to say ‘bye’ to BNPL
Buy now, pay later (BNPL) products have become incredibly popular with users, and both startups and tech behemoths such as Apple have taken notice. But BNPL companies have attracted some…
It’s not just in fintech that API solutions are on the rise — and helping solve a great range of problems.
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Happily we were…
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Stripe and Plaid suit up for battle
Plaid and Stripe are now standing face to face, if not already on each other’s toes.
Daily Crunch: Plaid product updates signal push to ‘own’ more of the account funding process
It’s Wednesday, May 18, 2022, and we are hanging out at our Mobility event, ogling cars that fly, drive themselves and have various identity crises. Wish you were here if…
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Plaid officially expands into identity and income verification, fraud prevention and account funding
Fintech decacorn Plaid is expanding beyond its core product of account linking — its first major expansion since its 2013 inception. In conjunction with its “Plaid Forum” event, the startup today unveiled a number of “product enhancements and new initiatives,” which include moving into identity and income verification, fraud…
Gradient Ventures backs Mentum’s goal to democratize investment services in LatAm
The company offers technology in the form of APIs and widgets that businesses can use to create investment products for their customers.
Hi all, it was a roller coaster of a week in the world of fintech as I published two separate articles on startup layoffs and a nine-figure funding round in…
Stripe is playing checkers with Plaid
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. The crew was…
From partners to competitors: What Stripe’s latest move means for Plaid
Earlier today, payments giant Stripe announced a new product that fills in some significant gaps in its play to be the financial services layer for merchants and other businesses whose…
Baseten nabs $20M to make it easier to build machine learning-based applications
As the tech world inches a closer to the idea of artificial general intelligence, we’re seeing another interesting theme emerging in the ongoing democratization of AI: a wave of startups…
