Plaid Raises US$ 425 Million, Pushing Its Valuation to US$ 13.5 Billion

Open banking platform Plaid announced in a blog post that it has raised US$ 425 million during a Series D financing round, pushing its estimated valuation to US$13.5 billion. The funding round was joined by new investors Altimeter Capital, Silver

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Instinet and Credit Suisse Conduct Same-Day Settlement of US Traded Stocks

Paxos Trust Company, a regulated financial market infrastructure provider, announced Instinet and Credit Suisse settled US listed equities trades on a same-day settlement cycle (known as T+0) via Paxos Settlement Service. The trades occurred at 11 AM ET and 3

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Broadridge Plans APAC and EMEA Expansion With Latest Acquisition for US$2.5 Billion

Broadridge Financial Solutions, an American-based investment banking company, is set to acquire Itiviti, a provider of trading and connectivity technology to the capital markets industry, in an all-cash transaction valued at €2.143 billion (approximately $2.5 billion) from Nordic Capital. Broadridge

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