Plaid, a company that connects bank accounts with financial applications, works with Goldman Sachs on a deal to allow investors and employees at an early stage to sell current shares, which will continue between them 300 million dollars and 400 million dollarsBloomberg mentioned, citing sources.
The tender supply is likely to be called, most likely, the company will estimate less than the previous financing round. Plaid rays D 425 million dollars in post -money evaluation of $ 13.4 billion in April 2021 in a deal led by Altimeter Capital.
But since then, high interest rates have led to a decrease in reviews of many start -emerging companies.
Plaid did not immediately respond to a request for comment.
While Plaid initially focused on Fintech clients, its customer base now includes well -known financial companies such as H & R Block, Western Union and Citi. The company’s revenues increased by more than 25 % in 2024, Bloomberg said last month.
Correction: A previous version of this story said that Goldman will buy shares for $ 300 million to $ 400 million.
