by Kurt Schlosser on Nov 10, 2026 at 10:28 amNovember 10, 2026 at 11:58 am

Plaid is opening an engineering office in Seattle’s Westlake neighborhood in January and plans to double its local workforce to about 80 people by next summer.

The San Francisco-based fintech company says the new 11,466-square-foot space at 1000 Dexter Ave. N. will serve as a hub for its technical teams, with most open Seattle roles focused on machine learning, data science and engineering.

Plaid said in a blog post that it chose Seattle because much of the cloud and AI technology behind modern financial infrastructure was built in the region. The company is developing AI models trained on its network to understand patterns in how money moves.

Plaid already has about 40 employees in the Seattle area, who currently work remotely, The Seattle Times reported. “There’s just great talent in Seattle, so it’s a little bit of a no-brainer for us,” Meghan Welch, Plaid’s chief people officer, told the Times.