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Nick Schaefer
St Louis, Missouri,United States
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Find Nick Schaefer's PhoneWho Is Nick Schaefer?
Nick Schaefer is an American entrepreneur and software engineer, best known as one of the co-founders of Plaid, a financial services company that builds data transfer technologies for fintech and digital finance products. He, along with Zach Perret, founded Plaid in 2013 with the mission to democratize financial services through technology. Schaefer played a crucial role in Plaid's early technological development and architectural decisions, helping to build the infrastructure that connects consumer bank accounts to thousands of financial applications. His work has been instrumental in powering a significant portion of the fintech ecosystem, enabling innovation in areas like personal finance, lending, and investment. While he has maintained a lower public profile compared to some other tech founders, his contributions to making financial data more accessible and usable have had a profound impact on the industry. He attended Emory University, where he reportedly met his Plaid co-founder.
How Did Nick Schaefer's Career Path Shape Their Journey?
Nick Schaefer's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Nick Schaefer's Key Achievements?
Co-founding Plaid
Co-founded Plaid in 2013, a financial technology platform that has become a critical infrastructure for the fintech industry, enabling applications to connect with users' bank accounts. Plaid was valued at $13.4 billion in its 2021 funding round.
Pioneering Financial Data Connectivity
Played a key role in developing the technology that allows secure and reliable access to consumer-permissioned financial data, effectively creating a new layer of infrastructure for the digital financial world and empowering a wave of innovation.
Scaling Fintech Infrastructure
Successfully scaled Plaid's operations and technology to support thousands of fintech developers and millions of end-users, solidifying its position as a leader in open finance.
Forbes 30 Under 30
Recognized on the Forbes 30 Under 30 list in Enterprise Technology (2017) for his significant contributions to the tech industry through Plaid.
What's Nick Schaefer's Educational Background?
Bachelor's Degree, Accounting and Finance
Eastern Illinois University - Year 2005
Bachelor's degree, Accounting and Finance
Eastern Illinois University
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Company Overview
Commerce BankCommerce Bank, a subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), is a U.S. bank holding company offering a diversified line of financial services. These include personal banking (checking, savings, loans, mortgages), business banking (treasury services, commercial loans, merchant services), wealth management (trust, private banking, brokerage), and payment solutions. It primarily serves customers in the Midwest through a network of branches, ATMs, as well as robust online and mobile banking platforms. The bank emphasizes community involvement and building long-term customer relationships by providing comprehensive financial solutions tailored to individual and business needs.
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