Plaid’s Founders Are Latest Fintech Royalty With Visa Deal (1)

Jan. 14, 2020, 8:42 PM

When Plaid Inc.’s co-founders were starting out in their early 20s, they hid their graduation dates on their LinkedIn profiles to avoid scaring off potential investors who might have been wary about their youth.

As fortune would have it, the relative lack of experience didn’t hold them back.

This week Zach Perret, 32, and William Hockey, 30, announced the sale of their company to Visa Inc. for $5.3 billion, making them the latest founders to join Silicon Valley’s increasingly youthful roster of fintech tycoons.

William Hockey, left, and Zach Perret, co-founders of Plaid Inc.
Source: Plaid Inc.

The pair met while they were working as consultants for Bain & Co. ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.