Golfer Lee Westwood sporting the iCapital logo at The Masters.
iCapital At The Masters, Addepar's New President and Plaid's Lofty Valuation
It's been a busy springtime in the world of fintech, just ask iCapital Network, Addepar and Plaid.
New money, new leadership and a new sponsor at The Masters—the world of wealthtech has had a busy springtime.
Lofty valuations and technology go hand-in-hand, particularly when it comes to account aggregator Plaid. Advisors may have dodged a bullet when Plaid and Visa decided to break off their merger talks, but that hasn’t stopped Plaid from continuing to fundraise.
“It’s just getting started,” said Zach Perret, co-founder and CEO of Plaid. The firm raised $425 million in its Series D financing round, funds that will be used to scale the platform, he wrote in a blogpost.