Solid Files for Bankruptcy
This is a Palo Alto news story, published by TechCrunch, that relates primarily to Solid news.
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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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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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