Plaid hits $8bn valuation

ChainWatcher · 2026-02-27T03:40:14+00:00

Plaid's valuation has increased to $6.1 billion from last April's $575 million funding round, but is still below the 2021 peak of $13.5 billion. The latest funding is aimed at providing employee liquidity, and Plaid has expanded into credit scoring and partnerships with banks.

ChainWatcher

2026-02-27 03:40:14

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The valuation is up from $6.1 billion last April, when Plaid closed a $575 million funding round, but still well down on the $13.5 billion price tag achieved in 2021 shortly after a takeover by Visa fell through.

According to Bloomberg, the latest round was designed to provide liquidity to employees but its size and participants have not been made public.

Founded in 2012, Plaid helps consumers connect their financial accounts from over 12,000 providers to more than 7000 fintech providers. The firm has recently also moved into credit scoring.

Last year, it struck a deal with JPMorgan to pay for access to customer data, helping to smooth over tensions with the big banks.

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