Plaid acquired competitor Quovo earlier this year and has just announced their first offering through the company, Investments; the new API will allow customers to pull investment data into their apps; “I think that the origins of the product comes from a company that I co-founded and also broader demand that Plaid has seen in the past several years. It shouldn’t come as a surprise that a lot of our customers want the full 360-degree view of their clients,” Lowell Putnam, former CEO and Co-Founder of Quovo, told TechCrunch; the new product is now available in the U.S. and will be rolled out to other markets over the next year. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.