Feds step in to block Visa’s $5.3B acquisition of fintech startup
The federal government is suing to block Visa’s $5.3 billion acquisition of fintech startup Plaid, alleging the merger violates antitrust laws. Here’s the latest.
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Plaid
Fintech company Plaid, cofounded by Duke grad, gets acquired by Visa for $5.3B
Plaid — cofounded by Duke graduate Zach Perret — allows consumers to link their bank accounts to financial services apps like Venmo, PayPal, Betterment and Transferwise.
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