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Fintech is just getting started

Blog post from Plaid

Post Details
Company
Date Published
Author
Zach Perret & William Hockey
Word Count
331
Language
English
Hacker News Points
-
Summary

Fintech has emerged as an industry over the past five years, improving the quality of financial management products and offering a consumer-centric approach to managing one's finances. A recent $250M Series C funding will be used to grow the team and expand operations, with a focus on developing scalable products that can serve growing customers and shape the fintech ecosystem for decades to come. As digitization continues to simplify financial products, banking services are becoming increasingly self-contained and embeddable, enabling companies to offer embedded banking products that differentiate them in their respective markets. Plaid's platform and data network empower innovators with access to the financial system, and the company aims to make money easier for everyone as it embarks on its next chapter of growth.