Plaid Raises $425 Million Series D

Plaid, a unicorn that helps connect consumers’ bank accounts to financial applications, has raised a $425 million Series D, it announced this morning. TechCrunch understands that the new capital infusion, led by Altimeter Capital, values the company at around $13.4 billion.

New investors Altimeter Capital, Silver Lake, and Ribbit Capital joined existing investors including Andreessen Horowitz, Index Ventures, Kleiner Perkins, New Enterprise Associates, Spark Capital, and Thrive Capital in the funding round. 

Read more: TechCrunch
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