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Stock impact report

US fintech firm Plaid secures $575m funding [Yahoo! Finance]

Invitation Homes Inc. (INVH) 
Last invitation homes inc. earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: invitationhomes.com/about-us
Company Research Source: Yahoo! Finance
The round also saw participation from Fidelity Management and Research, alongside existing investors such as NEA and Ribbit Capital. This capital injection will be primarily utilised to manage employee tax obligations related to RSUs and provide liquidity for the current team, Plaid CEO Zach Perret said in a blog post. The company claims to have experienced “substantial growth”, expanding its product suite and witnessing a considerable increase in enterprises using Plaid's services. The growth has led to a “record-setting” year in revenue, a return to positive operating margins, and an expansion in the companies and markets Plaid serves. Currently, over one in two Americans with a bank account have engaged with Plaid's network. Founded in 2013, Plaid operates a data network that partners with various entities, including Venmo, SoFi, and Betterment, several Fortune 500 companies, and numerous banks. This network enables consumers to link their financial accounts with the a Show less Read more
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