TLDR Tech / Fintech
Plaid says it can wait for the right IPO window
Plaid CFO Seun Sodipo said the company is preparing for an IPO but does not view one as imminent, emphasizing that Plaid now has the financial strength to choose its timing. The company said ARR grew 40% to more than $500 million in 2025 and that it achieved full-year adjusted EBITDA profitability, giving it flexibility to stay private while it continues building newer products such as payments, fraud, and underwriting.
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