Solutions by Text (SBT), which provides an embedded payments solution powered by a compliant-first SMS messaging platform, has secured $110 million in growth financing. The round was co-led by StepStone Group and Edison Partners, with additional support from Stifel Venture Bank. SBT, founded in 2008, claims to be the world’s first “FinText” firm, allowing financial services firms to engage, interact, and transact with consumers in real time with payment plan reminders and past-due notices, all via text.
US Fintech Solutions by Text Lands $110M in Growth Financing
