Plaid Technologies Inc
0.30
CAD
+0.00
(-1.67%)
ISIN
CA7261351067
CUSIP
726135106
Return %
Stock
S&P 500
1Y
3.51
14.20
3Y
-81.12
81.12
5Y
- -
68.34
Capital Structure
CAD
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in mil. unless spec.Working Capital
CAD
•
in mil. unless spec.Growth Rates
CAD
•
in mil. unless spec.Quarterly Revenue
CAD
•
in mil. unless spec.Quarterly Earnings Per Share
CAD
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in mil. unless spec.Quarterly Dividends Per Share
CAD
•
in mil. unless spec.Company Description
- CEO
- Paul Hughes
- Sector
- Retail trade
- Industry
- Internet retail
- Address
- Vancouver Canada
- IPO Date
- Nov 10, 2021
- Website
- plaidtechnologiesinc.com
- Similar Companies
- Business
- Plaid Technologies Inc. operates as a financial technology and open banking infrastructure company that provides data network and API solutions connecting consumer bank accounts with digital financial applications, traditional financial institutions, and enterprise platforms. Founded in 2013 and headquartered in San Francisco, California, the company operates across North America and Europe, maintaining operations in the United States, Canada, the United Kingdom, France, Germany, Spain, Ireland, and the Netherlands. The company provides a comprehensive suite of financial data connectivity, verification, identity, payment initiation, and risk management solutions. Its core product portfolio includes Plaid Link, an embedded client-side module enabling end-users to authenticate and connect bank accounts; Plaid Auth, an instant automated clearing house and electronic funds transfer account verification tool; Plaid Balance, a real-time account balance verification system designed to prevent overdrafts and non-sufficient funds fees; Plaid Transactions, an enriched transaction extraction and categorization engine; Plaid Identity, an account owner verification service matching user details against financial institution records; Plaid Investments, an investment and brokerage holdings aggregation service; and Plaid Income, an automated payroll and income verification platform for underwriting and lending. The company also offers payment and money movement infrastructure comprising Plaid Transfer, an end-to-end payment initiation platform supporting ACH, Real-Time Payments, and instant rail transactions; identity and compliance tools, including Plaid Identity Verification, an automated Know Your Customer onboarding and document verification suite, and Plaid Monitor, an anti-money laundering and sanctions screening solution; risk assessment engines, including Plaid Signal, a machine-learning predictive transaction risk engine, and Plaid Beacon, a collaborative fraud-intelligence network; and open banking enterprise platforms, including Core Exchange and Plaid Exchange, which allow financial institutions to securely manage API data access, alongside Plaid Portal for consumer data permission management. In recent developments, Plaid Technologies Inc. has expanded its payment capabilities by integrating with the Federal Reserve's FedNow Service and The Clearing House's Real-Time Payments network to support instant account-to-account payouts, wallet funding, and disbursements. The company launched Plaid Beacon, a collaborative anti-fraud network enabling financial institutions and fintechs to share intelligence and mitigate synthetic identity fraud and account takeovers. Additionally, the company deepened its strategic partnerships and technical integrations with major core banking and technology providers, including Fiserv, Jack Henry, and Google Cloud, while enhancing its credit and cash-flow underwriting capabilities to broaden open finance adoption across traditional banking and commercial lending sectors.