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Solutions by Text Wins Coveted 2025 FinTech Breakthrough Award
Thursday, March 27, 2025
The Industry's leader in Compliant Conversational Commerce recognized as the premiere solution for Business Communications
DALLAS, March 19, 2025 /PRNewswire/ -- Solutions by Text (SBT), the leading developer of next-gen compliant-first conversational commerce solutions, was recently named winner of the 2025 FinTech Breakthrough Awards' "Best Payment Facilitator Solution." SBT was recognized for its industry-leading FinText(TM) text and payments platform, providing a cutting-edge solution for the consumer finance industry.
SBT transforms how consumers interact with companies through a graphically-rich, interactive, and highly secure text solution. Powered by SBT, consumer finance organizations are having good conversations that pay off. They can engage with their customers directly in their messages with text and images that rival those of the best websites and apps.
Today's customers love texting and loath email, which has become little more than a junk mail repository. SBT harnesses this preference by creating a better bill pay experience for both customers and financial institutions alike. By focusing on compliance as well as convenience, SBT's FinText platform streamlines the entire experience, from sending payment reminders to initiating and authorizing payments--all directly within a text message.
With FinText, SBT serves over 800 customers in the consumer finance industry, including banks, credit unions, auto finance companies, and credit card issuers, with a seamless and optimized experience for compliance-first messaging and integrated text payments.
"With SBT, consumer finance organizations get real results," said Solutions By Text CEO, David Baxter. "Financial institutions no longer need to rely on low-yield communication methods such as phone calls, mail, emails, and apps to build customer relationships. Instead, our platform provides the most immediate, accessible, and effective channel to connect and drive response. Because, at the end of the day, good conversations pay off."
This recognition from FinTech Breakthrough comes amidst significant momentum for SBT. In 2024, SBT achieved record industry results, including 60% year-over-year revenue growth, more than 100% YoY messaging volume growth, and surpassing the "Rule of 40" benchmark for the third consecutive year.
Now in its ninth year, the annual FinTech Breakthrough Awards program honors the most innovative products, companies and individuals in the global financial services and technology industries. Focusing on the breakthrough FinTech companies that are at the forefront of financial innovation with breakthrough technology, the 2025 award program attracted more than 4,500 nominations from across the globe.
About Solutions by Text
Solutions by Text (SBT) enables consumer finance organizations to effectively and conveniently connect to their customers across a variety of channels. Their innovative conversational commerce platform fosters meaningful conversations that drive measurable results. With solutions designed for compliance, scalability, and efficiency, SBT helps its customers achieve outcomes like up to 400% ROI and a 97% reduction in time to revenue. Solutions by Text. Good conversations pay off.(TM) To learn more, visit solutionsbytext.com.
Media Contact
David Resnic
David@theharris.agency
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SOURCE Solutions by Text
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