FinTech Investments Remains Hot! News from Connecting the Dots Fintech Newsletter

The Week in Brief

Financial infrastructure upstart Plaid raised $425M in a Series D funding round, putting the company’s valuation at $13.4B. This is its first funding since its $5.3B sale to Visa was blocked.

Facebook Pay is testing the use of person-to-person QR code payments, allowing users to instantly transfer money with a simple scan.

U.S. grocery delivery app Instacart and food delivery firm DoorDash are planning to launch their own credit cards.

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Weekly FinTech Digest

By Linas Beliūnas