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Plaid
Infrastructure and APIs for FinTech
- 1001+ employees
- Fintech
- B2B
- Banking
- Internal tools
- SaaS
- API
- San Francisco, US
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Company mission
Plaid's mission is to unlock financial freedom for everyone.
Insights
Few candidates hear
back within 2 weeks
40% female employees
-15% employee growth in 12 months
Otta's take
Xav Kearney
CTO of Otta
Plaid builds infrastructure that allows a consumer to interact with their bank account on the web through a number of third-party applications, like Venmo, Robinhood, Coinbase, Acorns and LendingClub.
Plaid has integrated with 12,000 financial institutions in the US, Canada, the UK and Europe. About a quarter of people living in North America with bank accounts have linked with Plaid through at least one of the hundreds of apps that leverage Plaid’s application program interfaces (APIs). The platform allows companies to create financial services applications without having to hire their own team of engineers to build out a tool that connects apps to its users’ bank accounts.
This is very valuable in a world where there are increasing number of fintechs, so the demand for Plaid's services are only going to grow. Despite its strong position, it has not been immune to the difficult global economic situtation and was forced to restructure at the end of 2022, laying off some of its workforce. However it is still experiencing growth and is well-positioned to weather the current economic uncertainty.
Benefits
- Monthly wellness stipend (gym on us)
- We offer breakfast, lunch, and dinner to keep you well-fed and healthy (when working from the office)
- From medical, life, dental and pension schemes, we’re here to support your physical, mental, and financial wellbeing
- We want everyone to feel ownership over their work - literally, which is why we offer equity to full-time Plaids
- Every Plaid is in control of their career development with our learning stipends, tools, and trainings
- We give Plaids the freedom and flexibility to choose where they work - whether that is in a Plaid office, at home in any supported location, or a mix of both!
- Two weeks of synchronous, company-wide vacation
Company values
- Impact - We are building a company in order to create outcomes for consumers, and for our customers. The work we do is focused on creating extraordinary results for both. We choose what we work on and measure ourselves by the lasting impact created.
- Grow, together - We constantly strive to learn and improve — as individuals, as a team, and as a company. We foster a culture of feedback, delivered frequently and empathetically. We are each responsible for our own growth, and for the growth of those around us.
- Embrace openness and positivity - These characteristics play an important role in how we interact with each other, and how we represent ourselves to the world. We are intentional with our openness (or clear when we cannot be), and we approach our relationships and challenges with optimism.
- Think rigorously; act with urgency - We work diligently to make sound decisions — but we also recognise that speed matters. We move with urgency to bring our work to the world.
- Make it better - Each of us is an owner of Plaid. We are committed to continuous improvement and leaving things better than we found them. It is not perfection we seek, but valuable, pragmatic improvements to our products, our company, and our craft.
- Consumer outcomes via customer love - Plaid exists to improve outcomes for consumers. The primary way we achieve this is through the love and loyalty of our customers. We work with and through our customers, always with the best interest of the consumer in mind
- Invent tomorrow - We think big and take responsibility for creating the financial ecosystem we want to exist. We don’t wait to see what the future will bring; we create it ourselves
Funding (last 2 of 5 rounds)
Apr 2021
$425m
SERIES D
Dec 2018
$250m
SERIES C
$734.3m
Total funding
This company has top investors
Founders
Zach Perret
(CEO)He was a Consultant at Bain and previously a Research Fellow and Trustee at Duke before co-founding Plaid
William Hockey
(Board Director)He was previously an associate at Bain and has since moved on from Plaid to become Co-CEO at Column
Diversity & Inclusion at Plaid
Andrea Cruz (DEIB Program Manager)
- We are promoting equity by continuing to build employee programs to attract and keep talent growing and thriving at Plaid.
- We foster inclusion by offering annual DEIB education.
- We are building belonging with our four Plaid Community Groups: Plaids of Colour, Plaids of Faith, PLGBTQ+ and Women+.
Office
Articles
Endorsements
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Opportunities to learn (3)
Flexible working (2)
My opinions are valued (1)
Team energy (1)
Perks (1)
Growing fast (1)
I joined Plaid after meeting so many awesome people in the interview process- the energy is amazing! Everyone is eager and just all around great people day to day. Plenty goes on outside of 'work' and the teams energy has a great power within Plaid Europe. Very excited to continue my journey at Plaid with the team as we continue to grow.
People, HR, Recruitment
Team energy
Jul 2022
Lots of opportunities to grow within your space, the teams in Plaid Europe are small which means you are getting exposure to areas you may not in another company. Alongside this, we have the support from the US teams where cross-functional work and team movement is encouraged to develop new skills. We get an annual budget for personal learning too!
People, HR, Recruitment
Opportunities to learn
Jul 2022
Lots of perks at Plaid from stipends for gym/physical wellness and food when in office, to lots of holidays, company retreat, budgets for development and flexible working.
People, HR, Recruitment
Perks
Jul 2022
Based on my meetings, I can come to the office at a flexible time or chose to work from home. At Plaid, I don't feel pressured to come to the office at specific times: the culture is very professional and understanding of people's needs.
Marketing
Flexible working
Jun 2022
Plaid in Europe/ UK is growing so fast which means that I get to support and learn outside of my expertise and expand my knowledge . I love it because it's so fast paced and the impact can be massive!
Marketing
Growing fast
Jun 2022
I joined the marketing team and I had the opportunity to work closely with Growth, Analytics, Sales team very closely which has broaden my horizon. It's amazing being able to get involved in different remits of the company. Plaid has been supportive and granted opportunities for me to grow.
Marketing
Opportunities to learn
Jun 2022
My experience working at Plaid has been super positive. We're all treated like adults and the management style is based on outcomes rather than schedule, which allows a great work life balance! There's also flexibility to work from the office or at home, whatever suits you best!
People, HR, Recruitment
Flexible working
Jun 2022
I've been at Plaid for almost 9 months and I feel like I've learnt the equivalent of 3 years somewhere else. Teams work very closely together which means it's very easy to have exposure and get involved into other areas that are relevant to your job.
People, HR, Recruitment
Opportunities to learn
Jun 2022
I feel like Plaid is not a place where you need to be for a certain amount of time in order for your opinions to matter. Since day 1 I was asked questions and feedback and listened all the time. In my opinion it shows a lot of humility and openness that people in general but also senior leads want your opinions and thoughts even being a newbie. Constantly aiming to be better!
People, HR, Recruitment
My opinions are valued
Jun 2022
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