Plaid CEO Says Exec Running Stripe's Newly Launched Plaid Competitor Interviewed Multiple Employees, Asked Probing Questions
Stripe, one of the world's most valuable startup ($95 billion), today launched Financial Connections, which will enable businesses and their customers to safely share their financial data. "Businesses can go directly to Stripe to access a privacy-first authentication flow and our new data API," Jay Shah, Stripe executive running Financial Connections said today. Or in other words, Stripe has launched its Plaid competitor. Following the announcement from Shah, Plaid CEO Zachary Perret tweeted: Wow! Jay, you took interviews with Plaid & asked probing questions multiple times over the past few years, and your team sent repeated RFP's (under NDA!) to us asking for tons of detailed data. I wish y'all the best with these products, but surprising to see the methods.
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