Investments

Fintech company Plaid raises $250 million, valued at $2.65 billion 

There’s a new unicorn in the fintech space, as Plaid announced this week that it raised $250 million in its Series C funding round at a reported valuation of $2.65 billion. Plaid, a technology platform that connects various applications with users’ bank accounts, has a growing presence in the mortgage space. And now, the company plans to grow exponentially thanks to a massive new capital injection.