Plaid

Plaid stands as the financial infrastructure backbone with an $8B valuation in February 2026, a 31% YoY increase that outperforms #2’s growth rate. Connecting over 11,000 institutions, its data network is faster than the average competitor, yet a lack of a defined IPO date keeps it private. Plaid generates $500M in annual revenue, making it a prime 2026-2027 IPO candidate with 40% gross margins.