The company raised the funds to offer employees a way to get liquidity for their shares in the privately held firm.
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Fintech Plaid nabs $8b valuation in latest funding round
The company has battled some Wall Street heavyweights as it’s forged its way into the industry. Banks have expressed concerns over potential security issues, liabilities and other expenses as customers have granted fintech platforms permission to access their account data. Last year, Plaid agreed to pay JPMorgan Chase & Co. to access its consumers’ data.
