January 13, 2020 / 9:05 PM / a month ago

Visa nearing a deal to buy fintech startup Plaid - WSJ

Jan 13 (Reuters) - Visa Inc is nearing an agreement to buy privately held financial technology startup Plaid Inc and a deal could be announced over the week, the Wall Street Journal reported on Monday.

Founded in 2013, Plaid was valued at nearly $2.65 billion in a 2018 funding round, the report said.

The company’s technology lets people connect their bank accounts to mobile apps like Venmo. (Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Arun Koyyur)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below