Solid Financial news and trends

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

September 18, 2023
Solid Financial
Solid Raises $63M to Expand FinTech-as-a-Service into New Verticals
Fintech Investments // August 31, 2022

FinTech-as-a-Service platform Solid Financial Technologies has raised $63 million in a Series B funding round to speed its expansion into new verticals, including travel, logistics, construction, healthcare, education and the gig economy. With this platform, companies can launch and scale FinTech products with just modern...

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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.  […]

Solid Raises $63M to Expand FinTech-as-a-Service into New Verticals

August 31, 2022
FinTech-as-a-Service platform Solid Financial Technologies has raised $63 million in a Series B funding round to speed its expansion into new verticals, including travel, logistics, construction, healthcare, education and the...