Open Banking Fintech Plaid Is Reportedly Planning to More than Double its Europe based Professional Team
Fintech firm
Plaid is reportedly planning to more than double its Europe-based workforce in 2021, despite having to back out of a potential deal to be acquired by payments giant Visa (due to US antitrust issues).
The financial technology firm appears to be taking the fallout of the $5.3 billion potential deal in its stride, hoping to take advantage of a move toward digital or online banking services following the COVID-19 outbreak.
Plaid’s financial infrastructure tools are used to link some of the most widely-used Fintech platforms in the United States with customers’ bank accounts. These firms include digital asset exchange Coinbase, payments firm Venmo, popular stock trading app Robinhood, among many others.