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Plaid Looks Toward Global Expansion with Move Across Pond

Saturday, Jun 01 2019

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Written by FinTech News Brief Staff

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Plaid Looks Toward Global Expansion with Move Across Pond

Plaid, a fintech start up that connects bank account apps, is launching into the U.K. as part of a global expansion. So reports CNBC.

The company boasts a $2.7 billion valuation, and is driven by venture capital investments. In 2018, close to 25% of bank account-owning Americans used Plaid to connect with a fintech. That's up from 13% the year before.

Read the full story from CNBC.

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