Tag - Content

January 2020

Visa to Acquire Plaid

Call it an expansion of the Visa network-of-networks model. Visa said it will buy Plaid — which focuses on the development of application programming interfaces (APIs) that allow consumers to share their data with thousands of apps — for $5.3 billion. On a conference call with investors following the announcement, Visa CEO Al Kelly said that “Plaid opens up...