
“Plaid got its start as a company that connects consumer bank accounts to financial applications. It has since been gradually expanding its offerings to offer more of a full-stack onboarding experience. The company was almost acquired by Visa for $5 billion before antitrust regulators shut that deal down. Plaid went on to raise funding at a $13.4 billion valuation after the deal fell through and has worked to diversify its revenue streams since.”