Plaid is a financial services company based in San Francisco, California. The company builds a data transfer network that powers fintech and digital finance products. The company uses the controversial practice of "phishing" users bank login details by creating lookalike bank account login pages.
Plaid's product, a technology platform, enables applications to connect with users’ bank accounts. It allows consumers and businesses to interact with their bank accounts, check balances, and make payments through different financial technology applications. The company operates in the U.S., Canada, the UK, France, Spain, Ireland, and the Netherlands.
On January 13, 2020, Visa announced it was intending to acquire Plaid for $5.3 billion. Visa later abandoned the deal after opposition by the United States Department of Justice due to data privacy and antitrust risks.
Highest paying job titles at Plaid include Software Engineer, Product Manager, and Back-End Software Engineer