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Non-Tech : Visa Inc. (NYSE: V)
V 336.14-1.4%9:30 AM EST

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From: JakeStraw1/14/2020 2:44:59 PM
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Recommended By
Tobias Ekman

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Visa to acquire Plaid, the fintech powering Venmo and other banking apps, in $5.3 billion deal
Payments giant Visa is buying Silicon Valley start-up Plaid in a $5.3 billion deal, the companies announced Monday.
cnbc.com
Plaid’s API software lets start-ups connect to users’ bank accounts and works with Venmo, mobile investing app Robinhood and cryptocurrency exchanges Coinbase and Gemini.
Plaid says 25% of people in the United States with bank accounts have connected to the fintech company through an app.
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