Banking as a Service Platform Solid Files for Bankruptcy

Solid, a banking platform, has filed for bankruptcy. According to filings submitted to the Bankruptcy court in Delaware, the company reports unsecured trade debt totaling approximately $760,000 with a limited amount of current revenue and approximately $7 million in cash on hand and approximately $2… Read More
Read more in: Fintech, Politics, Legal & Regulation | Tagged banking, bankruptcy, solid