Fintech Plaid Is Said to Tap Goldman Sachs for Share Sale (1)

Plaid Inc., a financial technology firm best known for facilitating communication between startups and traditional banks, is working with Goldman Sachs Group Inc. on a sale of existing shares, according to people familiar with the matter.

The share sale for the San Francisco-based company may raise between about $300 million and $400 million, said the people, who asked not to be identified discussing private information. The deal, known as a tender offer, is a type of process that allows some early investors and employees of closely held firms to sell their stakes.

Plaid raised a series D funding round ...