On the heels of its U.K. expansion, Plaid is now launching in three more European countries.
Speaking specifically about its new markets, Perret said that Ireland has seen impressive levels of fintech adoption, with Spain trailing behind it and France lagging somewhat. According to consultancy firm EY's global fintech adoption index, Ireland's level of adoption stands at 71%, Spain's at 56% and France's at 35%.
"Ireland is going to continue to grow and generate really fantastic companies," Plaid's chief said. "Looking at Spain and France, fintech is earlier, particularly in France." Set up in 2013 by two former consultants, Plaid's APIs, or application programming interfaces, are used by fintech developers to integrate customer account data into third party applications. This means that when you go into a platform like Coinbase orThe company secured so-called "unicorn" status following a $250 million funding round
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