Plaid is a financial technology company based in San Francisco. The company builds a technology platform, which enables applications to connect with users' bank accounts. Plaid focuses on enabling consumers and businesses to interact with their bank accounts, check balances, and make payments through financial technology applications.
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History
Plaid was founded by Zach Perret and William Hockey in 2013. Plaid was originally intended to be a personal financial management and tracking tool for consumers, previously operating under the name "Sliver" and then "Rambler". When confronted with difficulties in connecting bank accounts required for these tools, Plaid pivoted to its core business focus today.
Plaid has raised a total of $59.3 million from Spark Capital, Google Ventures, New Enterprise Associates, Goldman Sachs, American Express, and Citibank.
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References
Source of the article : Wikipedia
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