Visa Is Acquiring Fin-Tech Firm Plaid, Which Powers Venmo and Robinhood

The platform, founded in 2013, will operate as a stand-alone subsidiary

a fan of visa credit cards
Visa was one of the earliest investors in Plaid. Getty Images

Visa has made a deal to acquire financial tech company Plaid for $5.3 billion—almost double Plaid’s last private valuation, according to CNBC.

@monicroqueta monica.zorrilla@adweek.com Mónica is a breaking news reporter at Adweek.
{"channel":"elasticpress","title":"Recommended","post_types":["post","page"],"lineup_id":"54851","since_qty":30,"since_time":"d","until_qty":0,"until_time":"m","q":"","num_posts":0,"vertical":"brand-marketing"}