Like many companies, Plaid was born from personal frustration experienced by the startup’s founders. Zach Perret and William Hockey were working on a mobile application that required consumers to share their credit card spending data, but Zach and Will struggled to find a way to easily and reliably access the data that was needed. And so the idea for Plaid was born.
Since then, Plaid has become the data infrastructure that virtually every modern financial application relies upon to connect to bank accounts and to innovate in the financial services industry. We’re extremely happy to continue our support of the company by participating in its $44 million Series B financing led by Goldman Sachs Investment Partners. If you’re excited about democratizing financial services for consumers and businesses, join the incredible team at Plaid.