Explore the latest trends in mortgage origination, focusing on digital transformation, personalized lending, and innovative strategies in a changing real estate market.
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Visa has agreed to buy Plaid in a $5.3 billion deal, the companies have announced. The startup provides some of the financial plumbing for fintechs and has a mortgage industry presence.
The acquisition indicates last year’s surge of fintech M&A will extend into 2020, as Bloomberg reports.
Although better known for serving apps like Venmo and Robinhood, Plaid is also busy in the mortgage industry, including partnerships with Ellie Mae and Fannie Mae.
