Technology Magazine May 2020 | Page 73

SAN FRANCISCO , CALIFORNIA [$ 309MN ]

06 Plaid

SAN FRANCISCO , CALIFORNIA [$ 309MN ]

San Francisco-based financial services startup , Plaid , operates a technology platform that allows users to connect their bank accounts to apps . Although having only raised the relatively small sum of $ 309mn from investors such as Goldman Sachs and Index Ventures , at the start of the year , the company was acquired by financial services giant Visa for a princely sum of $ 5.3bn . 73 06 www . technologymagazine . com