Plaid raises funding at $6 billion valuation, enabling some employees to cash out

By CNBC   |   2 weeks ago
Plaid raises funding at $6 billion valuation, enabling some employees to cash out

Plaid's CEO, Zach Perret, announced a $575 million funding round led by new investors, valuing the fintech startup at $6 billion. Despite the decreased valuation, Plaid has seen significant growth and aims for an IPO in the future.

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