Visa will not acquire Plaid after running into regulatory wall

Visa
Plaid
fintech API
the Department of Justice
Plaid’s
TechCrunch
The Department of Justice
Visa-Plaid

Visa
Zach Perret

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SOURCE: https://techcrunch.com/2021/01/12/visa-will-not-acquire-plaid-after-running-into-regulatory-wall/

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Summary

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 13th, 2020, or nearly?

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Visa will not acquire Plaid after running into regulatory wall

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Alex Wilhelm