How is FinTech-as-a-Service Transforming the Banking and Financial Services Industry?

Key Takeaways:

  • Solid is a modern fintech infrastructure provider offering integrated and compliant suite of fintech services
  • Located in San Mateo, California, Solid has been backed by prominent venture companies like FTV Capital, Headline, Base10, Grishin Robotics, and Abstract Ventures
  • With Solid’s service, any company can build and launch fintech products such as bank accounts, crypto wallets, payments, and cards to their users
  • Solid’s clients include established FinTechs, SaaS leaders, and rapidly growing startups

Enter, Solid – a shining example of how FinTech-as-a-Service is revolutionizing the Banking and Financial Services landscape. Operating out of San Mateo, California, Solid is a modern fintech infrastructure provider offering integrated and compliant suite of fintech services — think of it as AWS for FinTech. In a world that is rapidly digitizing its financial systems and services, Solid is pushing the envelope by streamlining the process of launching financial services.

What differentiates Solid from its competitors is its model that empowers any company to quickly build and launch embedded fintech products such as bank accounts, crypto wallets, payments, and cards to their users. It has broken down the barriers of entry for other companies by owning the experience and sharply reducing regulatory overhead. Additionally, integration is a light technical lift entailing a few lines of code and calling modern APIs, making it quick and easy to bring these new technologies to market.

Furthermore, Solid serves a diverse pool of clients, from established FinTechs like Plate IQ and Paystand to SaaS leaders like Shifl and Everflow, and, booming startups like Lumanu and Starlight. This diversity in clientele underscores Solid’s versatile capabilities, allowing any business to seamlessly adapt and include financial services to their business models.

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As we look forward to the future of FinTech-as-a-Service, it’s clear that Solid is paving the way. Bridging the gap between traditional banking and new financial technologies, Solid is reshaping the financial services industry, making it more accessible and efficient. The company is set on its course to redefine the user experience of financial services.

Follow Solid on their journey to transform the fintech landscape. Visit their website for more information about their services, or follow them on LinkedIn to stay updated.


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