We are very pleased to share that Fund I and Fund II portfolio company Quovo is being acquired by Plaid in a deal that the press are reporting is $200m.
FinTech Collective seeded Quovo in April 2014, led the Series-A in July 2015 and has participated in each round of financing since.
Together, Plaid and Quovo represent a foundational piece of the future of finance, and we could not be more excited about their prospects together.
Providing access and transparency across all financial data is a predicate to the wave of new financial products and services being developed.
FinTech Collective Newsletter
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Delivered every Saturday, the weekly newsletter, produced by our team, provides a tightly edited rundown of global fintech news, along with a bit of our original analysis.