Solutions by Text

Solutions by Text

Text messaging payments for consumer finance

Overview

Solutions by Text (SBT) offers text messaging and payment solutions tailored for consumer finance. Through its FinText platform, enterprise financial services companies can send compliant, real-time text messages to customers for payment reminders, collections, and support. SBT operates on a B2B model, charging clients for access to its messaging platform and services, and supports over 800 businesses in the consumer finance sector and other regulated industries. The company differentiates itself with a compliance-first approach that focuses on regulatory requirements in financial services. Its goal is to help financial institutions engage with customers efficiently while meeting regulatory standards and improving payments and customer service.

About Solutions by Text

Simplify's Rating
Why Solutions by Text is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Fintech

Financial Services

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$145M

Headquarters

Dallas, Texas

Founded

2008

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Simplify's Take

What believers are saying

  • $110M funding from Edison Partners, StepStone fuels 95% messaging growth.
  • TextPay approvals surged 400% yearly via Apple Pay, Google Pay.
  • Payments experts Rahul Gupta, Flint Lane joined board November 2024.

What critics are saying

  • Twilio Flex erodes pricing with cheaper TCPA-compliant SMS tools.
  • Triple Play Pay integration triggers CFPB fines, client losses.
  • AI agents from OpenAI replace SMS interactions for lenders.

What makes Solutions by Text unique

  • FinText delivers compliance-first SMS, MMS, RCS for consumer finance.
  • Salesforce Marketing Cloud integration unifies omnichannel compliant messaging.
  • Triple Play Pay acquisition embeds ACH, mobile wallets into FinText.

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Funding

Total Funding

$145M

Above

Industry Average

Funded Over

2 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

2%
MarTech Cube
Apr 1st, 2026
Solutions by Text embeds FinText platform into Salesforce Marketing Cloud.

Solutions by Text embeds FinText platform into Salesforce Marketing Cloud. Search. New integration enables enterprise organizations to deliver compliant SMS, MMS, and RCS messaging from within Journey Builder, helping marketers orchestrate campaigns and two-way customer conversations that drive consumer actions. Solutions by Text (SBT) today announced the integration of its FinText(TM) platform and compliant-first messaging capabilities with Salesforce Marketing Cloud (SFMC). This integration allows organizations that run on Salesforce to send compliant SMS, MMS, and RCS messaging directly within Journey Builder, unifying omnichannel campaigns and compliance-focused mobile messaging in a single environment for improved conversion. The new integration lets SFMC users take advantage of SBT's compliant messaging templates and automated workflows from within Journey Builder. Now, sending messages to consumers on mobile devices can happen alongside email, social, and other channel outreach without leaving Salesforce. Businesses can now plan, launch, and optimize customer journeys in one place. Salesforce's SFMC serves more than 150,000 organizations worldwide, including many Fortune 500 companies. It enables marketers to design and automate cross-channel journeys, segment and personalize campaigns, trigger messages in real time, and measure performance and attribution across email, mobile, web, and advertising channels. The integration offers a significant new capability: marketers can now turn one-way marketing into compliant two-way conversations on channels like SMS, MMS and RCS. SBT's research with Datos Insights demonstrates why messaging is quickly becoming the primary channel for engagement and conversion, especially in consumer financial services: 80% of consumers want to communicate with their lenders via text, 84% are open to enhanced messaging throughout the financial journey, and 78% say they are more likely to take action. "Our customers have been clear," said David Baxter, Chief Executive Officer at Solutions by Text. "They want the power of campaign design and execution within Salesforce Marketing Cloud paired with the mobile messaging, compliance, and payments innovation they count on from us. With FinText in SFMC, they can execute more effective customer journeys, from first touch to final payment, in one trusted place." By connecting FinText with SFMC, marketers can: * Add SMS, MMS, and RCS steps into SFMC journeys to create personalized, real-time- conversations that work alongside email and other channels. * Improve performance and reduce risk by using a compliance-first messaging platform designed for consumer finance and other regulated sectors, rather than generic SMS tools. * Enable automated workflows for consumers engaging over text - all which can trigger an alert back to Salesforce - thereby enabling organizations to go beyond delivering simple alerts to create robust journeys that drive applications, approvals, and payments. * View a new messaging dashboard within Salesforce that provides insight into message performance, responses, and more. Existing SBT customers can plug their current text programs into SFMC's segmentation, analytics, and automation capabilities, extending FinText-powered conversations across email, social media, WhatsApp, and other channels orchestrated from Marketing Cloud. SFMC- customers new to SBT will gain access to FinText features, such as two-way messaging, one-time passcodes, branded sender IDs, and reporting and analytics, within their existing Salesforce setup. "Integrating SBT's FinText and Salesforce Marketing Cloud lets marketers design mobile campaigns that talk to and interact with customers naturally, while staying compliant and on brand." said Nick Babinsky, Chief Product Officer at Solutions by Text. The SFMC integration is generally available starting today, with early access offered to select existing SBT customers and SFMC users.

PR Newswire
Mar 31st, 2026
Solutions by Text integrates FinText platform into Salesforce Marketing Cloud for compliant mobile messaging

Solutions by Text has integrated its FinText platform with Salesforce Marketing Cloud, enabling enterprise organisations to send compliant SMS, MMS and RCS messaging directly within Journey Builder. The integration allows marketers to orchestrate campaigns and two-way customer conversations alongside email, social and other channels without leaving Salesforce. The new capability transforms one-way marketing into compliant two-way conversations, particularly valuable in consumer financial services where 80% of consumers want to communicate with lenders via text. Marketers can add mobile messaging steps into customer journeys whilst maintaining compliance through SBT's regulated-sector platform. The integration is generally available now, with early access offered to select existing customers. Salesforce Marketing Cloud serves over 150,000 organisations worldwide, including many Fortune 500 companies.

Pulse 2.0
Jan 7th, 2026
Solutions by Text acquires Triple Play Pay to expand FinText payments and embedded commerce capabilities

Solutions by Text has acquired Triple Play Pay, a payments platform, to expand its FinText payment capabilities and embedded commerce offerings. Financial terms were not disclosed. The acquisition combines Solutions by Text's compliance-focused messaging with payment orchestration technology, enabling consumer finance businesses to manage messaging and payments through a single platform. The company reported that customers using Apple Pay and Google Pay process 75% of approved transactions through these methods, whilst approved TextPay transactions increased nearly 400% over the past year. Triple Play Pay brings additional functionality including ACH, debit and credit card processing, mobile wallet acceptance, and faster merchant onboarding through its registered payment facilitator programme. The deal also enables omni-channel payment acceptance through APIs, allowing organisations to integrate payments across multiple digital channels beyond messaging.

PR Newswire
Nov 19th, 2024
Payments Leaders Join Solutions By Text Board of Directors Amidst Growth Momentum

DALLAS, Nov. 19, 2024 /PRNewswire/ - Solutions by Text (SBT), the leading platform for compliance-first messaging and payments for consumer finance, today announced the appointment of Rahul Gupta and Flint Lane to its board of directors.

StreetInsider
Aug 20th, 2024
Solutions By Text to Host Second Annual FinText NOW Conference

In addition to recently raising $110 million in new growth financing, SBT was named on the 2024 Inc. 5000 list, an annual ranking of the fastest growing private companies in America, as a further testament to the company's growth trajectory.

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