Visa just announced that it has acquired Plaid! For those who have been with us for a while, you may remember last November we posted a free article entitled ‘Big Tech M&A War & CB Insights Global Fintech Report Q3’ - in this article featuring Plaid we made the following comment:
We’re receiving strong signals of fierce M&A activities featuring: Big Tech, incumbent financial services players and Paypal - where each faction will try to acquire notable market leaders/disruptors across various fintech domains. We are closely monitoring the following 8 companies that our signals indicate are likely to back an attractive acquisition offer. Our signals suggest that their management & majority investors would most likely prefer this route rather than pursuing further growth (with some uncertainty & risk) for an IPO!
We also shared the following battlefronts which featured Plaid.
Indeed, Plaid was one of the infrastructure oriented fintech companies that we received strong M&A signals from, including from Big Tech companies such as Amazon Web Services. In fact, we published a report back in September 2019 entitled ‘Is Plaid on Amazon’s wish list?’
Subscribers to our Pre-IPO Analyzer will get free monthly reports on potential M&A moves.
Disclaimer: Any opinions, newsletters, research, analyses, prices, projections or other information offered by Kähler VC.X is provided as general market commentary, and does not constitute investment advice. Kähler AI will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. ZAIKU GROUP LTD (Parent company of Kähler AI).