Patrik Ringstroem

Patrik Ringstroem is a senior financial services executive currently serving as the head of strategic initiatives at Plaid, a financial technology company.12 He brings extensive experience from both the traditional banking sector and the fintech industry to his role at Plaid.

Career Background

Before joining Plaid, Ringstroem held several notable positions:

1. JPMorgan Chase: He headed corporate strategy at this major financial institution.1
2. MetLife: Ringstroem served as the Chief Strategy Officer (CSO).3

Role at Plaid

At Plaid, Ringstroem is part of a strategic initiative to strengthen the company's relationships with traditional financial institutions. His banking background allows him to:

• Facilitate conversations using industry-specific language
• Prioritize shared goals between Plaid and banks
• Align principles more easily with financial institutions1

Ringstroem's expertise is particularly valuable as Plaid works towards its goal of increasing API-based data sharing with financial institutions. He has stated, "It's something that I know, coming from the financial institution side, is important to banks. And frankly, it's a goal that we share."1

Industry Impact

Ringstroem's role at Plaid is part of a larger trend where the company is intentionally seeking talent from both tech and banking industries. This strategy aims to:

1. Complement innovative thinking with practical industry knowledge
2. Navigate the regulatory environment more effectively
3. Understand the technical challenges faced by traditional banking partners1

By leveraging his experience and network in the financial services sector, Ringstroem is helping Plaid build stronger bridges between fintech innovation and established banking practices.