Plaid ups Series D funding funnel from JPMorgan and Amex

Fintech Plaid has raised additional Series D funding in a round led by J.P. Morgan Private Capital Growth Equity Partners and existing investor Amex Ventures, according to a Tuesday announcement from Plaid Co-Founder and CEO Zach Perret.

The latest funding round builds on Plaid’s April $425 million, intended to help grow its platform and “enable the next generation of digital financial services.” That same round upped the company’s valuation to a hefty $13.5 billion led by Altimeter Capital, Silver Lake and Ribbit Capital alongside existing investors. 

To date, the company has raised $734.3 million in funding, according to Crunchbase.

Read more: finLedger