Rhode Island Department of Business Regulation, Division of Banking · RI
Solar Mosaic LLC - Order-Revocation - (2026-BK-008)
February 25, 2026
Summary
The Rhode Island Division of Banking revoked the licenses of Solar Mosaic LLC for failure to pay annual license fees. The company, a fintech lender and broker, must cease all licensed activities in the state effective February 25, 2026. This action underscores the importance of timely fee payments for all licensed lenders and brokers.
STATE OF RHODE ISLAND
DEPARTMENT OF BUSINESS REGULATION DIVISION OF BANKING 1511 PONTIAC AVENUE, BUILDING. 68-1 CRANSTON, RHODE ISLAND 02920
IN THE MATTER OF:
SOLAR MOSAIC LLC DBR No. 2026-BK-008
RESPONDENT
NOTICE OF DEFICIENCY AND DEFAULT ORDER OF REVOCATION The above-named respondent (Respondent) is licensed in Rhode Island, Nationwide Multistate License System (NMLS) # 1295934 and Rhode Island License #20153174LL & 20244749LB as identified below:
[ ] Currency Transmitter [X] Loan Broker [X] Lender [ ] Third Party Loan Servicer [ ] Check Casher [ ] Small Loan Lender
Pursuant to R.I. Gen. Laws § 19-14-14(b), this Notice of Deficiency is to inform Respondent of revocation without hearing for:
[X] Failure to pay annual license fee [ ] Failure to maintain in effect the required bond or bonds [ ] Failure to maintain net worth requirements
This notice is being sent, in writing, to respondent and to CT Corporation System, as registered attorney for service at their current respective addresses according to records of the Division of Banking (Division).
Pursuant to R.I. Gen. Laws § 19-14-14(b), failure of Respondent to respond within fifteen days of this notice will result in a revocation of license by default without hearing.
Unless on or before February 25, 2026, the Division receives:
[X] Annual license fee payment(s) [ ] Sufficient information to confirm bond or bonds [ ] Sufficient information to confirm net worth requirements
this notice will self-execute as the final Revocation of License as of the below date of final default.
Upon the date of final default, Respondent’s license(s) shall be deemed revoked pursuant to R.I. Gen. Laws § 19-14-14(a). Accordingly, the Respondent shall immediately cease and desist from engaging in any activity requiring licensure under the revoked license(s)
NOTICE PURSUANT TO R.I. GEN. LAWS § 42-35-12
THIS ORDER CONSTITUTES A FINAL ORDER OF THE DEPARTMENT OF BUSINESS REGULATION, BANKING DIVISION, PURSUANT TO RHODE ISLAND GENERAL LAWS TITLE 42, CHAPTER 35. FINAL AGENCY ACTIONS ARE GENERALLY APPEALABLE TO THE SUPERIOR COURT WITHIN THIRTY (30) DAYS OF THE DATE OF THE ACTION BY FILING A PETITION FOR REVIEW OF SAID COURT.
Elizabeth Kelleher Dwyer Superintendent of Banking Rhode Island Department of Business Regulation
DATE OF ISSUANCE: February 11, 2026 DATE OF FINAL DEFAULT: February 25, 2026
CERTIFICATION OF SERVICE FOR DATE OF NOTICE OF DEFICIENCY I hereby certify that a copy of this Notice of Deficiency and Default Order of Revocation was sent by email and certified mail to the following addresses:
SOLAR MOSAIC LLC 601 12th Street, Suite 325, Oakland CA 94607 and CT Corporation System 450 Veterans Memeorial Parkway, Suite 7A, East Providence, RI 02914
CERTIFICATION OF SERVICE FOR DATE OF REVOCATION I hereby certify that a copy of this Notice of Deficiency and Default Order of Revocation was sent by email and certified mail to the following addresses:
SOLAR MOSAIC LLC 601 12th Street, Suite 325, Oakland CA 94607 and CT Corporation System 450 Veterans Memeorial Parkway, Suite 7A, East Providence, RI 02914
Source: https://dbr.ri.gov/media/35761/download
Common questions
- What does "Solar Mosaic LLC - Order-Revocation - (2026-BK-008)" cover?
- The Rhode Island Division of Banking revoked the licenses of Solar Mosaic LLC for failure to pay annual license fees. The company, a fintech lender and…
- Which agency issued this update?
- This update was issued by Rhode Island Department of Business Regulation, Division of Banking.
- When was it published?
- It was published on February 25, 2026.
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