Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025 [TechCrunch]

H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: TechCrunch
The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D in April 2021 in a round led by Altimeter Capital. A spokesperson acknowledged the decrease, saying it was “simply a reflection of the contraction of multiples across the market.” Indeed, higher interest rates have led to lower valuations for many startups that last raised at the top of the high cycle in 2021. Still, Plaid's new valuation is about 15% higher than the $5.3 billion Visa was going to pay for the company before that acquisition deal fell apart in January of 2021 due to regulatory concerns. Plaid will not go public in 2025 but it is a milestone the company continues “to track towards,” according to the spo
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HRB
News
- H&R Block, Inc. (NYSE: HRB) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $70.00 price target on the stock.MarketBeat
- The 10 most commonly missed tax breaks as filing deadline looms: Dale Jackson [BNN Bloomberg (Canada)]BNN Bloomberg
- H&R Block to Release Fiscal 2025 Third Quarter Results on May 7, 2025GlobeNewswire
- The IRS free tax-filing program Direct File saved users $160 each. Now it may come to an end. [CBS News]CBS News
- Canadians leave thousands of dollars unclaimed by skipping tax return reviews [Wealth Professional (Canada)]Wealth Professional
HRB
Earnings
- 2/4/25 - Miss
HRB
Sec Filings
- 4/18/25 - Form 4
- 4/16/25 - Form 144
- 2/12/25 - Form SCHEDULE
- HRB's page on the SEC website