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Reform UK and Plaid Cymru vie for gains in Labour stronghold of Wales

In the coming fortnight, Reform UK leader Nigel Farage will travel to an undisclosed town in the Welsh valleys to fire the starting gun on his quest to end the Labour party’s historic grip on the nation’s politics. Labour has held power in the Senedd parliament in Cardiff for 25 years, since the start of … Read more

UP.Labs-Porsche’s newest startup wants to be the Plaid of automotive retail

As serial entrepreneur Joel Milne founded, scaled, and then successfully sold mobile auto repair service startup RepairSmith to AutoNation, he was plagued by a persistent problem.  The automotive retail industry has a communication problem. And it’s an expensive one. Thousands of dealerships and mechanic shops — each one with an array of software systems — … Read more

Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025

Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch. The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D … Read more

Plaid working with Goldman Sachs on raising $300M to $400M in tender offer

Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported, citing sources. The tender offer, as such deals are called, will likely value the company lower … Read more

Goldman Sachs will buy $300M to $400M in Plaid shares in tender offer

Plaid, a company that connects bank accounts to financial applications, is working on a deal to allow early-stage investors and employees to sell their stock to Goldman Sachs, which will pay between $300 million and $400 million for existing shares, Bloomberg reported citing sources. The tender offer, as such deals are called, will likely value … Read more

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