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Plaid weighs IPO nearly 3 years after walking away from Visa sale

Plaid has been busy since walking away from its $5.3 billion sale to Visa in January 2021. In January 2020, Visa announced plans to buy Plaid, which provides APIs that help startups connect to users’ bank accounts, for $5.3 billion. But a DOJ lawsuit to block the deal caused the companies to call off the merger one year later. 

“We've always had competitors, but I think our core businesses has continued to grow really well since [January 2021].”

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plaid, apis, visa