Solid

Instead, by utilizing APIs and a few lines of code, customers can embed fintech products and get them up-and-running quickly. Solid has a “sponsor” bank that they build an interface over. Solid becomes the mediary between the digital and brick and mortar banks. This allows fintech customers to create bank accounts, offer crypto wallets, send payments, and issue cards by streamlining compliance.

A recent capital infusion will help accelerate Solid’s entrance into some new verticals like travel, logistics, construction, healthcare, education and the gig economy. The company is looking at where money is moving and identified 40 to 50 different verticals where there is an impedance in how money moves, but they want to benefit their customers.