Former Expedia chief financial officer Eric Hart will join the 10-year-old company a year after leaving the travel group. His appointment fills a major vacancy in Plaid’s preparation for an initial public offering, which co-founder and chief executive Zach Perret has said is his aim for the company, without offering a timeline.
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US fintech Plaid hires first chief financial officer on road to potential IPO
“Expedia was one of the leading players in that space of the digitisation of travel,” Hart told the Financial Times. “I see a very similar opportunity here, which is the digitisation of financial services. That’s been happening for a while, but I think we can all see that that’s accelerated over the last few years.”
