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Visa nearing a deal to buy fintech startup Plaid - WSJ

Jan 13 (Reuters) - Visa Inc is nearing an agreement to buy privately held financial technology startup Plaid Inc and a deal could be announced over the week, the Wall Street Journal reported on Monday.

Founded in 2013, Plaid was valued at nearly $2.65 billion in a 2018 funding round, the report said.

The company’s technology lets people connect their bank accounts to mobile apps like Venmo. (Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Arun Koyyur)

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