SolarisBank


Solarisbank is a Berlin-based fintech company that offers Banking-as-a-Service Platform with its German banking license.

Background

Overview

Solarisbank was established in 2015 as a part of Finleap, a fintech company builder based in Berlin, Germany with Andreas Bittner and Marko Wenthin as its founders. Solarisbank was officially launched in March 2016, after receiving its banking license.
In October 2016, the company entered into a strategic partnership with MasterCard in order to develop novel banking modules.
In February 2017, Solarisbank raised €26.3 million in its series A funding round from Yabeo Capital, Arvato Financial Solutions, FinLeap, Unicredit and Japan-based SBI group. The company also brought in Dr. Roland Folz as CEO.
As of March 2017, Solarisbank is said to have brought over 20 companies on its banking platform and it is reported to have passported its banking license to six European countries.
In March 2018, Solarisbank raised $70 million in Series B funding from Arvato Financial Solutions, SBI Group, BBVA, Visa, Lakestar and ABN AMRO's Digital Impact Fund.
In June 2020, Solarisbank raised €60 million in Series C funding led by HV Holtzbrinck Ventures with participation from Vulcan Capital, Samsung Catalyst Fund and Storm Ventures.

Technology

Solarisbank provides a banking platform, which is said to allow its users, mostly digital companies and financial services startups, to access various banking service modules, which then can be integrated into their processes, websites or mobile applications.

Awards and Recognition

Solarisbank was one of the finalists for the “Most Disruptive Innovation” Award at the 2016 Global Banking Awards, held in Spain.