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How a $13b fintech startup that angered Jamie Dimon won over banks

Over the past decade, Plaid’s digital pipes have enabled 1 in every 3 people with a US bank account to connect it to the app or service of their choosing. What’s next for Zach Perret’s $13.4b company?

“The claims raised in the lawsuit do not reflect our practices,” according to an emailed statement provided by a company spokesperson. “We make our role and practices clear and provide services that give consumers control over how and where they share their data.”

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banking