Goldman Sachs Investment Partners has led a $44 million funding round in Plaid Technologies, a platform that lets the likes of Venmo and Transferwise connect with their users’ bank accounts.
San Francisco-based Plaid only publically launched last year but is already connected to millions of end users through contracts with firms such as OptionsHouse and NGOs like charity:water.
The startup’s suite of APIs let developers connect with bank accounts, providing access to transaction data, authentication tools and analytics to reduce fraud.
