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Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025 | TechCrunch

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82% Informative

Plaid has sold $575 million worth of common stock at a $6.1 billion post-money valuation.

The San Francisco -based fintech company connects bank accounts to financial applications.

Franklin Templeton led the “oversubscribed” raise, which also included participation from new backers Fidelity Management and Research , BlackRock , and others.

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80

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76

Neutral language

95

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semi-formal

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English

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58

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not hateful

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not detected

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short-lived

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