Plaid In Talks for Secondary Share Sale at $6 Billion Valuation

**Plaid In Talks for Secondary Share Sale at $6 Billion Valuation**

By Cory Weinberg

9 hours ago

Source: The Information

Fintech startup Plaid is in talks to arrange a secondary share sale at about a $6 billion valuation, led by mutual fund Franklin Templeton, three people involved in the discussions said. The valuation would be a decline from the $13.4 billion price at which the company last raised money in 2021. The company ended last year with about $400 million annual recurring revenue, up more than 25% from the previous year, the people said. The terms of the talks could shift. Goldman Sachs is arranging the share sale.