Plaid has named Jennifer Taylor as its first president, following the recent hiring of a CFO, suggesting the company may be preparing for an IPO.
Taylor's experience scaling products and her tenure at Cloudflare, including during and after its IPO, indicate that Plaid is moving closer to going public.
Plaid, which connects consumer bank accounts to financial applications, has expanded its offerings to include lending, anti-fraud, and payments, and has worked to diversify its revenue streams since the failed Visa acquisition. [ more ]