Plaid

Fintech startup Plaid has now been reported to be in talks concerning an investment from VC firm  Kleiner Perkins which could value the company at up to $3 billion. This new report comes from Bloomberg which also notes of the Kleiner deal bidding up from that of another investor which valued the firm at $2 billion.

As per the piece, The Kleiner deal is being run by renowned venture capitalist Mary Meeker’s growth team, the same which announced a departure just last month making this likely one of the last deals the team gets to work on.

Plaid

Plaid offers a platform which enables applications to connect with users’ bank accounts and is used by the likes of Venmo, Coinbase, American Express, Citi, Ellie Mae and Betterment. The company was founded in 2013 and originally intended to be a personal financial management and tracking tool for consumers before pivoting after an encounter of difficulties in connecting bank accounts required for these tools.

The San Francisco based startup has raised a total of $59.3 million from GV, Goldman Sachs, American Express, Citibank, New Enterprise Associates and Spark Capital.

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