Who is Zachary Perret?

Zach Perret is an American businessman and entrepreneur. He is the founder and CEO of the fintech startup Plaid. He’s a young entrepreneur who has been in the news recently for an attempted acquisition deal that went south.

Who is CEO of Plaid?

CEO Zachary Perret
CNBC Disruptor Plaid CEO Zachary Perret discusses the company’s place in the FinTech space.

Who founded Plaid?

William Hockey
Plaid/Founders

San Francisco fintech startup Plaid made waves in January 2020 when it announced it was selling to Visa. Now, with a $13 billion-plus valuation after a new funding round, founders Zach Perret and William Hockey will be glad the deal fell through.

Who owns Plaid Inc?

On January 13, 2020, Plaid announced that it had signed a definitive agreement to be acquired by Visa for $5.3 billion.

What does Plaid really do?

Plaid is a financial aggregator that offers an API, allowing other companies to connect to their customer’s bank account (as well as other financial institutions). Plaid makes money by charging a variety of fees for connecting and using its service. The company operates on a freemium business model.

Is Plaid an IPO?

Given its valuation growth in the past two years, Plaid will be one of the larger initial public offerings (IPOs) when it finally goes public.

Where is Plaid headquarters located?

Plaid is headquartered in San Francisco, CA and has 5 office locations across 3 countries.

How safe is plaid?

Is Plaid secure? Plaid uses some of the highest encryption protocols available when sending your financial data. This includes the Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS).

Can Plaid be trusted?

Plaid is a safe and secure way to connect your bank information. Many major banks and credit unions have partnerships with them. Plaid is also used by popular financial apps such as Venmo and Stripe. We feel confident that Plaid is a safe and secure way to verify your bank information.

Should I trust plaid?

While you may be hesitant to trust an outside company with your sensitive financial account information, Plaid claims to take security seriously. It doesn’t sell or rent users’ financial information, and it gives users complete control over what data is shared with each company.