"Seun Sodipo is the new chief financial officer at Plaid, a fintech startup that connects financial institutions. Sodipo brings a seasoned background in guiding high-growth businesses through strategic transformation and scaling. Seun Sodipo, CFO of Plaid Previously, Sodipo served as CFO at Glossier, where she led the company's evolution from a direct-to-consumer pioneer to a fast-growing omnichannel beauty brand across North America and Europe."
"In April, Plaid completed a $575 million funding round led by Franklin Templeton, with participation from major investors including Fidelity and NEA. The round valued the company at approximately $6.1 billion. Notably, the deal included a tender offer, allowing investors to purchase existing shares and provide liquidity to Plaid employees. It also helped address tax obligations tied to expiring stock units."
"Looking ahead, Plaid CEO Zach Perret hinted to Fortune's Leo Schwartz earlier this year that an IPO could be on the horizon in the next few years, calling the failed Visa deal a "blessing in disguise." At Plaid, Sodipo will lead the company's global finance function as it moves beyond core data infrastructure to a broader suite of intelligence services, offering products in identity, payments, credit, and fraud."
Seun Sodipo joins Plaid as chief financial officer, bringing experience in strategic transformation and scaling for high-growth companies. Her background includes serving as CFO at Glossier, leading its shift from direct-to-consumer to an omnichannel beauty brand across North America and Europe. She previously led product finance and strategy at Stripe and worked in investment banking and private equity. Sodipo succeeds Eric Hart, who returned to Expedia Group. In April Plaid raised $575 million at a $6.1 billion valuation, including a tender offer to provide employee liquidity and address tax obligations. Sodipo will lead global finance as Plaid expands its product suite and considers an IPO.
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