Plaid acquires Cognito, which offers ID verification and compliance services to financial firms, source says for ~$250M in cash and stock (Alex Wilhelm/TechCrunch)

Alex Wilhelm / TechCrunch:Plaid acquires Cognito, which offers ID verification and compliance services to financial firms, source says for ~$250M in cash and stock  —  Plaid, a fintech unicorn known for its APIs that connect consumer bank accounts to financial applications, announced today that it is buying Cognito.

Plaid acquires Cognito, which offers ID verification and compliance services to financial firms, source says for ~$250M in cash and stock (Alex Wilhelm/TechCrunch)

Alex Wilhelm / TechCrunch:
Plaid acquires Cognito, which offers ID verification and compliance services to financial firms, source says for ~$250M in cash and stock  —  Plaid, a fintech unicorn known for its APIs that connect consumer bank accounts to financial applications, announced today that it is buying Cognito.