Bootstrapped for over a decade, this Dallas company just secured $110M to help people pay bills by text | TechCrunch
Solutions by Text, a company that gives people a way to pay their bills and apply for loans via text messaging, has secured $110 million in new growth funding.
Edison Partners and StepStone Group co-led the equity portion of the raise while Stifel Venture Bank provided a lending facility, which made up less than 15% of the total. The funding was a mix of primary and secondary shares, according to CEO David Baxter.
Solutions by Text (SBT) is not your typical startup raising capital. The company w...
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