Plaid taps Adyen executive to lead its European operations
Publishing timestamp: 2023-11-21 01:48:16
Summary
Plaid, a U.S. financial technology firm, has hired Brian Dammeir, former global head of unified commerce at Adyen, as its new head of Europe. Dammeir will take over from Ripsy Bandourian and will be leading Plaid's expansion into other areas of finance, including payments and lending. Plaid offers technology that allows financial technology apps to access data from bank accounts and initiate payments. Dammeir expressed excitement about the opportunity to innovate in open finance and expand into account-to-account payments and traditional banking. Plaid is focused on encouraging the broader movement towards open finance and has seen significant growth in payment volumes on its platform.
Sentiment: NEUTRAL
Tickers: ADYEN-NL,
Keywords: fintech, venture capital, breaking news: technology, internet, business news, adyen nv, technology,
Source: https://www.cnbc.com/2023/11/21/plaid-taps-adyen-executive-to-lead-its-european-operations.html