Latham & Watkins Advises Plaid in Its Acquisition of Cognito

Plaid has announced that it has acquired Cognito, an identity verification and compliance (KYC, AML) platform that makes it faster, easier, and safer for people to verify their identity when signing up for financial services online.

Latham & Watkins LLP represents Plaid in the transaction with a corporate deal team led by Bay Area partner Saad Khanani, with Bay Area associates Donna Kim, Amanda Dillon,  and Kevin Schunk. Advice was also provided on benefits and compensation matters by Bay Area partner Julie Crisp, with Los Angeles associate Rachel Narowski; on tax matters by Bay Area partner Kirt Switzer, with Bay Area associate Derek Gumm; on antitrust matters by Bay Area partner Kelly Fayne and Washington, D.C. counsel Patrick English; on anti-corruption matters by Washington, D.C. partner Erin Brown Jones, with Washington, D.C. associates Monica Trueba Neligan and Julie Choi Shin; and on intellectual property matters by Bay Area counsel Arielle Singh, with Bay Area associates Fiona Gillan and Tyler Israel and Los Angeles associates Jack Chai and Matthew Stern.