14 Jan 2020
Why Visa Is Buying Fintech Startup Plaid For $5.3 Billion
Visa announced that it plans to acquire Plaid, a startup that connects payment apps like Venmo to users’ bank accounts to transfer funds they have received through the apps. The acquisition will cost Visa a whopping $5.3 billion, although the company Plaid was valued at $2.65 billion just a year