Plaid Plans to Double Europe Staff After Visa Deal Falls Through

Photographer: Klaus Vedfelt/Digital Vision
Lock
This article is for subscribers only.

Financial-technology firm Plaid Inc. is planning to nearly double its size in Europe, focusing on expanding the business’s global reach after Visa Inc.’s $5.3 billion acquisition fell through.

Plaid will have about 80 employees in its London and Amsterdam offices by the end of 2021, up from 40 to 50 currently, Keith Grose, head of the San Francisco-based company’s international business, said in an interview.