The fintech ecosystem scored a huge win last week, when Visa acquired Plaid for a whopping $5.3 billion — reportedly 40 times their current revenue! The price may seem high at first glance… but if you’re a believer in API-driven business models and the rise of embedded financial services, Visa shelling out ≈1% of their market cap to “own the pipes” not only makes a ton of sense, it was actually a bargain. My prediction: the Visa/Plaid deal will create a domino effect of legacy financial services players moving urgently to partner with, and invest in fintech infrastructure companies.

https://medium.com/@sbobley/a-case-study-in-fintech-infrastructure-freshcuts-powering-the-next-generation-of-barbershops-42c4af2e793d