Solid

company

About

Solid is a one-stop shop that offers a fully integrated and compliant suite of fintech services.

Details

Last Funding Type
Series B
Last Funding Money Raised
$63M
Industries
Banking,Financial Services,FinTech,SaaS,Virtual Currency
Founded date
Feb 1, 2019
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Solid Financial Technologies, Inc.
Also Known As
Wise Banking,Solidfi,Solid Financial Technologies, Inc.

Solid is a modern fintech infrastructure provider – a one-stop shop that offers a fully integrated and compliant suite of fintech services – think AWS for FinTech or simply FinTech-as-a-service!

On Solid's fully managed infrastructure, any company can quickly build and launch embedded fintech products such as bank accounts, crypto wallets, payments, and cards to their users. The company owns the experience and has little or no regulatory overhead. Integration is a light technical lift, a matter of calling modern APIs and a few lines of code, facilitating lightning-fast speed to market.

Solid's clients include established FinTechs (such as Plate IQ and Paystand), SaaS leaders (such as Shifl and Everflow), and rapidly growing startups (such as Lumanu and Starlight).

Headquartered in San Mateo, CA, Solid is backed by FTV Capital, Headline, Base10, Grishin Robotics, and Abstract Ventures.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$80.82M
Solid has raised a total of $80.82M in funding over 2 rounds. Their latest funding was raised on Aug 31, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 31, 2022 Series B $63M 2 FTV Capital Detail
Oct 29, 2020 Series A $12M 5 Headline Detail
Apr 29, 2020 Seed $5.70M 11 Base10 Partners Detail
Jul 11, 2019 Pre-seed $120K 1 Detail
Jul 7, 2019 Convertable Note 1 Detail

Investors

Number of Lead Investors
Number of Investors
3
16
Solid is funded by 16 investors. FTV Capital and Headline are the most recent investors.
Investor Name Lead Investor Funding Round
FTV Capital Yes Series B
Headline Series B
Base10 Partners Series A
Bossanova Investimentos Series A
Grishin Robotics Series A
Techstars Series A
Abstract Ventures Seed
Backend Capital Seed
Inaki Berenguer Seed
Jonathan Weiner Seed

Employee Profiles

Number of Employee Profiles
7
Solid has 7 current employee profiles, including Board member Brendan Wales
Board member
Executive
Executive
Board member
Executive