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Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors

September 18, 2023
Solid Financial
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Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors

September 18, 2023
FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors.  A lengthy report published Monday (Sept. 18) by FinTech Business Weekly said the company appears to have undertaken a scheme to inflate its booked revenue to present a positive impression for potential backers, including data used in a Series B funding round.  […]