By working with fintech enablers like i2c, Solid offers SMEs, FIs, and neobanks a compliant, managed solution to support a variety of payments use cases on a single, digital first platform. Solid’s network of sponsor banks and fintech partnerships de-constitutes traditional banking buildouts, so that clients can leverage simplified APIs to launch curated programs.
The combined platform and software capabilities of the two companies will allow third parties to build and launch deposit products, such as business and consumer checking accounts, instantly issue debit, credit, and prepaid cards both physically or virtually, and process transactions in real time.
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