Categories Plaid

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The end of Plaid-Visa, and Palantir’s growing startup mafia

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. This week we — Natasha and Danny and Alex and Grace — had a lot to get through, as the news volume in early 2021 has been rapid and serious. Sadly this means that […]

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Will startup valuations change given rising antitrust concerns?

The United States has, over the past few decades, been extremely lenient on antitrust enforcement, rarely blocking deals, even with overseas competitors. Yet, there have been inklings that things are changing. Yesterday, we learned that Visa and Plaid called off their combination after the Department of Justice sued to block […]

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Visa will not acquire Plaid after running into regulatory wall

Visa and Plaid called off their agreement this afternoon, ending the consumer credit giant’s takeover of the data-focused fintech API startup. The deal, valued at $5.3 billion at the time of its announcement, first broke cover on January 13, 2020, or nearly one year ago to the day. However, the […]