Plaid acquired by VISA

5.3 billion acquisition Visa is buying fintech Plaid (a company that it is now used by an estimated 25% of consumers in US, connecting users to 11,000 financial institutions). Amount of deal: $5.3 billion. Plaid offers technology that allows consumers to link their bank accounts to its 2,600 fintech clients. Here there are included peer-to-peerContinue reading “Plaid acquired by VISA”

40 millions EUR investment round for a French mobile app (Lydia)

French startup Lydia is raising a $45 million Series B round (€40 million). Tencent is leading the round. Payments peer-ro-peer as their main business model now they shifted to a marketplace of financial products, such as borrowing (up to EUR 1000) in seconds, get a free credit when you open a bank account (cool!), home insurance (nice!)Continue reading “40 millions EUR investment round for a French mobile app (Lydia)”