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Solid(Wise) - Seed
Overview
Funding Date
April 30, 2020
Financing amount
$5.7M
Valuation
--
Catagory
Subcategory
About Solid(Wise) - Seed
CEO Arjun Thyagarajan tells TechCrunch that his company has closed a $5.7 million seed round led by Base10 Partners. Abstract Ventures, Backend Capital, The Fund and Two Culture Capital also participated in the round.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2017 | 4 | partners@base10.vc | ||
| Fund | United States of America | 2016 | 8 | -- | ||
| Fund | -- | 2019 | 4 | -- | ||
| Fund | Ireland | -- | 2 | -- |
Founders & Team
Arjun Thyagarajan
Company Profile / Project Introduction
Solid, which rebranded from Wise in 2021, offers a one-stop shop of a fully integrated and compliant suite of fintech services . "Think AWS for FinTech or simply FinTech-as-a-service!", said chief executive Arjun Thyagarajan on LinkedIn. Their goal is to empower any company to quickly build and launch embedded fintech products such as bank accounts, crypto wallets, payments, and cards to their users. The company owns the experience and is said to have little or no regulatory overhead, while integration is a light technical lift, a matter of calling modern APIs and a few lines of code. A few clients include Plate IQ, Paystand, Shifl, Everflow, Lumanu, and Starlight. Solid is backed by FTV Capital, Headline, Base10, Grishin Robotics, and Abstract Ventures.