IPO Watch
Plaid
The secure API plumbing connecting bank accounts to global apps.
Evidence record · 23 September 2026
February 2026 employee tender, reported · Plaid tender report ↗
February 2026 employee tender, reported · Plaid tender report ↗
Overview
Plaid completed an employee tender offer in February 2026 that was reported at an approximately $8 billion valuation. The earlier $13.4 billion figure refers to a 2021 funding round and should not be presented as the latest price. A tender offer provides private liquidity; it is not an IPO. No listing date has been announced.
Catalysts
Private liquidity and financial-data infrastructure demand.
Risks
Reported secondary pricing may not match eventual public-market pricing; no filing.
FreeMalta Verdict
The old $13.4B figure is historical. No IPO date.
Frequently Asked Questions
What is Plaid's valuation?
A February 2026 employee tender reportedly valued Plaid at approximately $8 billion.
When will Plaid IPO?
No date has been announced.
Method & disclaimer: This is an editorial watchlist, not investment advice. Company-announced financing values, reported secondary prices, targets and public-market prices are different measurements. A confidential filing is not a confirmed offer date. Every company file has a dated evidence record; some figures are explicitly reported estimates rather than company disclosures. FreeMalta's OpenAI partnership does not imply access to non-public IPO information. Do your own research before making any investment decision.