Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025

Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch. The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D […] from TechCrunch https://ift.tt/bxh7CfL