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Solid, which claimed to be the ‘AWS of fintech,’ files for bankruptcy after raising nearly $81M in funding | TechCrunch

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Summary
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75% Informative

Palo Alto -based bank-as-a-service startup Solid has filed for Chapter 11 bankruptcy.

The fintech company offered banking, payments, cards and cryptocurrency products via easy-to-integrate APIs.

Solid was valued at $330 million as of August 2022 , when it announced a $63 million Series B round of funding led by FTV .

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67

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60

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59

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formal

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English

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54

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short-lived

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