Open banking giant Plaid is working with Goldman Sachs on a $300M-$400M tender offer, allowing early investors and employees to sell shares. The offer is expected to value the company at a lower valuation than its 2021 $13.4B post-money Series D. Plaid, which initially focused on fintech startups, now serves major financial firms like H&R Block and Citi, with revenue growing over 25% in 2024.
Plaid Working with Goldman Sachs on Raising $300M to $400M in Tender Offer