Series B: solarisBank raises over 56.6 million euros

“With our banking as a plat­form concept, we are shaping the future of the finan­cial indus­try. This inno­va­tive approach has convin­ced inter­na­tio­nal indus­try leaders in the finan­cial and tech­no­logy world to use the Series B invest­ment round to parti­ci­pate in our busi­ness model and growth. I am exci­ted about the poten­tial for further coope­ra­tion in Germany and inter­na­tio­nal markets that we can leverage toge­ther with these strong part­ners,” says Dr. Roland Folz (photo), CEO of sola­ris­Bank AG.

Foun­ded by company buil­der Finleap in March 2016, sola­ris­Bank was one of the first finan­cial tech­no­logy compa­nies with a full banking license. Since then, the company has estab­lished its Banking as a Plat­form concept inter­na­tio­nally. sola­ris­Bank is curr­ently active in seven Euro­pean count­ries. Curr­ently, around 60 corpo­rate custo­mers use the banking plat­form. By the end of the year, that number is expec­ted to grow to more than 100.

The product offe­ring was expan­ded to three product lines within the first two years: In addi­tion to Digi­tal Banking & Cards services, sola­ris­Bank also offers finan­cing and credit services as well as payment and trus­tee services for corpo­rate custo­mers via inter­face (API) . These services are used by compa­nies such as the credit portal smava, the digi­tal ABN AMRO brand Moneyou, the compa­ri­son portal Veri­vox, the banking solu­tion Kontist or the voucher provi­der fashioncheque.

The newly raised capi­tal supports sola­ris­Bank on its further growth course and will be used for the expan­sion of the tech­no­lo­gi­cal plat­form, the products and for further geogra­phi­cal expan­sion. All inves­tors have an outstan­ding inter­na­tio­nal profile and diverse strengths, from which sola­ris­Bank can bene­fit enorm­ously in its further development.