Solid Raises $63 Million Series B Led By FTV Capital to Bring Modern Fintech Infrastructure to Every Company
SAN MATEO, Calif. , Aug. 31, 2022 /PRNewswire-PRWeb/ -- Solid, the leading fintech-as-a-service platform that offers modern infrastructure for any company to launch and scale fintech products, today announced its $63 million Series B funding round. Led by FTV Capital, a sector-focused growth equity firm with nearly 25 years of experience investing in financial technology, the funding will accelerate Solid's expansion into fintech-ready verticals such as travel, logistics, construction, healthcare, education, and the gig economy. Existing investor Headline also participated in the round.
- SAN MATEO, Calif., Aug. 31, 2022 /PRNewswire-PRWeb/ -- Solid , the leading fintech-as-a-service platform that offers modern infrastructure for any company to launch and scale fintech products, today announced its $63 million Series B funding round.
- "We built the most comprehensive fintech infrastructure from the ground up, so others don't have to," said Arjun Thyagarajan, co-founder and CEO at Solid.
- "Solid is meeting a real market need for modern fintech infrastructure, delivering a best-in-class platform that encompasses technology, compliance and everything in between.
- Solid is a modern fintech infrastructure provider a one-stop shop that offers a fully integrated and compliant suite of fintech services.