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Plaid working with Goldman Sachs on raising $300M to $400M in tender offer


Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and

Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between$300 million and $400 million, Bloomberg reported citing sources. Plaid raised a $425 million Series D at a post-money valuation of$13.4 billion in April 2021 in a deal led by Altimeter Capital. While Plaid initially focused on fintech clients, its customer base now includes established financial companies like H&R Block, Western Union, and Citi.

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