Plaid is not actively fundraising, has four-plus years of runway, and has no plans for an IPO. Those were some of the key takeaways from myinterview with CEO Zach Perret at an Axios Pro Live event on Thursday.
Why it matters: Fintech winter is upon us. With the IPO window closed and fundraising harder to come by, having funds to weather the storm will be key to any startup’s survival.