Plaid

Plaid

FintechFounded 20131,500+ employees$734M raised · Series D
plaid.com

Financial data network connecting apps to bank accounts.

D23/100

Concerning

Based on 2 documented receipts

1 Opposed1 Mixed

Stances (2)

🔒Data PrivacyMixedJan 2022

Plaid agreed to a $58M class-action settlement in 2022 over claims it collected more user banking data than necessary. Company denied wrongdoing but reformed disclosures.

Source:NewsVerifiedShare
⚖️AntitrustOpposedJan 2021

Plaid's acquisition by Visa was abandoned in January 2021 after the DOJ filed an antitrust lawsuit alleging the deal would eliminate a nascent competitor in online debit.

Source:Press ReleaseVerifiedShare

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Plaid

Fintech

Data Privacy: Plaid agreed to a $58M class-action settlement in 2022 over claims it collected...

Antitrust: Plaid's acquisition by Visa was abandoned in January 2021 after the DOJ filed an...

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