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Who owns Plaid Plaid Inc. is a privately held company

Posted: Sat Jan 18, 2025 7:24 am
by sumonasumonakha.tu1
Founded by Zach Perret and Willem Hockey . Several investment firms own Plaid, but the largest owners of the company are founders Zach Perret and William Hockey, who own an estimated 13% and 12%, respectively,” according to a report by Profitable . Zach Perret currently serves as the CEO, while Jean-Denis Greze is the CTO of the Plaid company.


Checkered mission statement Plaid Mission Statement - Plaid Business Model The Plaid mission doctor phone number list statement focuses on democratizing financial services through technology. How Plaid Works As mentioned earlier, Plaid acts as a middleware between financial institutions and fintech applications. It provides a secure and reliable way to access financial data, allowing users to make better financial decisions. Before developers can use Plaid, they must first connect the API to their application.


Once connected, users can connect their bank accounts and verify their identity through Plaid. Authentication: When a user wants to link their bank account to an app, Plaid provides secure authentication. This involves verifying the user’s identity and verifying their banking details. Once verified, Plaid securely stores the user’s details and provides access to the app, allowing the user to easily manage their finances. Once the pairing and verification are completed, the application will have access to the user's transaction details, account balance and other financial information necessary to provide the services offered.