On the heels of Plaid's Series C announcement, our partner Mark Goldberg shares his thoughts on why Plaid is one of the most exciting companies in fintech today.
In the past decade, the financial world has changed beyond recognition. Gone are the days when a bank was a one-stop shop for its customers. Today, technology companies are the new financial institutions. We might use one app for budgeting, another to invest, and another for mobile cash. As the finance section of the App Store grows, banks no longer have a monopoly on your money. Plaid is becoming the technology that ties this fragmented financial ecosystem together.