Plaid has raised $575 million in a new funding round that values the fintech company at $6.1 billion, multiple media outlets reported Thursday, citing sources familiar with the matter.
Franklin Resources' (BEN) Franklin Templeton unit reportedly led the funding round, which included Fidelity Management & Research, BlackRock (BLK), and previous investors Ribbit Capital and NEA. Investment firm 1789 Capital contributed $50 million to the funding, Bloomberg reported, citing a source.
The fintech company plans to use the funds to pay tax obligations linked to employee stock units and provide liquidity to staff, according to the reports.
CEO Zach Perret said the $6.1 billion valuation, down from a $13.4 billion valuation in 2021, reflects current market conditions, the reports said.
Plaid is aiming for an initial public offering but is not yet ready and did not give a specific timeline, CNBC reported, citing CEO Zach Perret.
Plaid, Franklin Templeton, Fidelity, BlackRock, Ribbit Capital, NEA, and 1789 Capital did not respond to requests for a comment from MT Newswires.
Price: 898.24, Change: -63.60, Percent Change: -6.61
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。