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Fintech Plaid raises $575M in funding round, eyes IPO

Plaid raised oversubscribed round at $6.1B valuation

Bloomberg NewsbyBloomberg News
April 3, 2025
in Banking
Reading Time: 2 mins read
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Plaid Inc., the financial-technology company poised for an initial public offering, raised $575 million in a funding round from longtime existing investors Ribbit Capital and NEA and new institutional backers including Fidelity Management & Research Co., BlackRock Inc. and Franklin Templeton. Plaid raised the round – which the firm said was oversubscribed and led by […]

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Tags: 1789 CapitalBlackRockFranklin TempletonNEAPlaidPremiumRibbit Capital
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