TechFlow news, August 7 — According to Bloomberg, JPMorgan Chase & Co. announced it will initiate research coverage on financial infrastructure provider Plaid Inc., marking the bank's further expansion of research into private companies. Plaid specializes in developing infrastructure that connects consumer bank accounts with fintech platforms, providing technical support for digital budgeting apps and digital banking services. Plaid was valued at $6.1 billion in a funding round earlier this year.
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