Plaid Secures $8 Billion Valuation in Latest Funding Round

Khac Phu Nguyen

Fri, February 27, 2026 at 3:50 AM GMT+9 2 min read

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This article first appeared on GuruFocus.

Plaid Inc. has secured an $8 billion valuation in its latest funding round, according to people familiar with the matter, marking a notable step up from the $6.1 billion valuation it achieved in April. The San Francisco-based firm, founded in 2013, structured the round to provide liquidity for employees holding shares in the privately held company, although the total amount raised has not been disclosed. Plaid remains widely viewed as a potential IPO candidate and is best known for enabling consumers to connect financial data across institutions, positioning it at the center of the digital finance ecosystem.

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The rebound in valuation still sits below the $13.4 billion level Plaid reached in 2021, when fintech valuations were elevated amid heavy investor inflows into the sector. In April, the company raised $575 million at the $6.1 billion valuation. Since then, Plaid has continued expanding its footprint in credit scoring. Last year, it collaborated with Fair Isaac Corp. (NYSE:FICO) to introduce a metric augmented by real-time cash-flow data, and it has also launched its own credit score. More recently, Plaid has benefited as a growing number of artificial intelligence companies rely on its services, potentially broadening its demand base beyond traditional fintech clients.

Plaid’s growth trajectory has unfolded alongside tension with large banks over data access, security concerns, liabilities and associated costs. Last year, the company agreed to pay JPMorgan Chase & Co. (NYSE:JPM) for access to its consumers’ data, underscoring the evolving economics of data-sharing in financial services. At the same time, major financial institutions including JPMorgan, Citigroup Inc. (NYSE:C), and American Express Co. (NYSE:AXP) have invested in Plaid, suggesting established players see strategic value in maintaining exposure as the company advances toward a potential public market listing.

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