Plaid is a financial technology company that enables applications to connect with users’ bank accounts. Plaid also provides tools for developers to build financial applications.
The company was founded in 2013 and is headquartered in San Francisco, with offices in New York City, Denver, Toronto, and London.
Since its launch, Plaid has been used by over 1,000 different companies and applications including Acorns, Betterment, Coinbase, Venmo, and Stripe. In January 2018, Plaid announced a partnership with American Express.
[1] In June 2018, Plaid raised $340 million in a Series C funding round led by Kleiner Perkins with participation from Andreessen Horowitz, Index Ventures, Spark Capital, and SunTrust Robinson Humphrey.[2][3].
In September 2019, it was announced that Visa had agreed to acquire Plaid for $5.3 billion.
NOTE: This is a warning note to inform all users that plaid is not officially affiliated with Binance and therefore may not be safe. There have been reports of fraud and phishing attempts by malicious actors posing as plaid in order to gain access to user accounts. We recommend that users take extra precautions when using plaid, such as ensuring that all links are legitimate and avoiding entering sensitive information on unknown websites. Additionally, it is highly recommended that users enable two-factor authentication for their Binance accounts for added security.
[4] The acquisition is subject to regulatory approvals and is expected to close in early 2020.
Plaid has attracted criticism for its lack of transparency around its data sharing practices. In October 2019, the Wall Street Journal reported that Plaid had been sharing customer data with major banks without the customers’ knowledge or consent.[5]
Is Plaid Binance Safe?
There is no clear answer as to whether or not Plaid Binance is safe. While the company has attracted criticism for its lack of transparency around its data sharing practices, it has also been praised for its work in helping to build financial applications.
Ultimately, it is up to the individual user to decide if they feel comfortable using Plaid Binance or any other financial application.
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Binance is the world’s largest cryptocurrency exchange by trading volume. It’s also one of the most popular exchanges available today. The platform is easy to use and offers a wide variety of coins to trade.
Binance is a cryptocurrency exchange that was founded in 2017. The company is based in Malta and has offices in Singapore, Japan, and the United States. Binance is one of the most popular cryptocurrency exchanges and allows users to trade a variety of digital assets.
