Plaid, the United States financial data connectivity company, completed a new tender offer in February 2026 that established a valuation of $8 billion, a 31% increase from the $6.1 billion valuation set at its previous tender offer in April 2025.

The tender offer mechanism allows existing shareholders, including current and former employees, to sell a portion of their holdings at the prevailing valuation without the company needing to pursue a public listing or raise additional primary capital. The completion of the offer was disclosed by Plaid, which attributed the higher valuation to momentum over the past year and its increasing relevance in the age of AI.

SCALE OF THE PLAID NETWORK

Plaid's platform connects with more than 12,000 financial institutions and is integrated into more than 8,000 applications used globally by consumers and businesses.

PREVIOUS VISA DEAL

Plaid had previously been the subject of a proposed acquisition by Visa that was abandoned in 2021 following antitrust concerns raised by the United States Department of Justice.

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