Fintech Plaid Raises $575M in funding round, eyes IPO

Plaid Inc., the financial-technology company poised for an initial public offering, raised $575 million in a funding round from longtime existing investors Ribbit Capital and NEA and new institutional backers including Fidelity Management & Research Co., BlackRock Inc. and Franklin Templeton. Plaid raised the round – which the firm said was oversubscribed and led by […]