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January 15, 2020 | 0 min read
Visa's Plaid Takeover Signals Wave of Fintech Deal Making
MX founder and CEO Ryan Caldwell was interviewed by Bloomberg’s Jenny Surane about the Visa acquisition of Plaid. MX is a thought leader in the rapidly changing fintech landscape.
Ryan Caldwell, chief executive officer of financial data company MX Technologies Inc., suggested the Visa deal could trigger a domino effect in the industry. “The space tends to heat up when there's been one acquisition,” Caldwell said, adding that larger companies were increasingly aware of fintech’s potential. “A lot of these players definitely need to partner,” he said.
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