As head of mortgage at Plaid, Kate Adamson manages the company’s lending product team and leads the company’s efforts to digitize and modernize the entire lending lifecycle, from application through servicing.
Under Adamson’s leadership, Plaid has united industry stakeholders like Fannie Mae and Ellie Mae and forged partnerships with fintech companies like Floify and Blend. She made an indelible mark on the industry last year by leading the launch of Plaid’s first mortgage product, Assets. Thousands of companies, like Venmo, Robinhood and Acorns, use Plaid’s suite of APIs to build applications that enable millions of consumers to lead healthier financial lives. Today, one in four people with a U.S. bank account have used Plaid to connect to a fintech app. Kate continues to oversee Plaid’s expansion across mortgage lending and into other lending sectors to transform the many dated processes that plague the entire industry. Since Plaid entered mortgage lending, Adamson has proven herself to be a trusted voice on how bank connectivity and consumer-centered products can transform the industry’s processes. In the past year, she has shared her insights with audiences at events including LendIt, engage.marketing and Money20/20 USA. Prior to Plaid, Adamson was an investment banker at JPMorgan Chase and also spent time in the firm’s Office of Regulatory Affairs. Through JPMorgan’s efforts to bring innovation to a legacy-oriented industry, Adamson found her interest in the infrastructure layer of financial technology. That inspired her move to Plaid and her eventual path leading its work to digitize lending.