CEO : Roland Folz
Founders: Andreas Bittner, Marko Wenthin
Total funding: €95.1M
Latest funding: €56M Series B March 2018, Lead Investors: BBVA, SBI Group
Keywords: Open Banking, API Accessible banking platform
Who is it for: Business who want to create their own financial products, Fintechs
HQ: Berlin, Germany
“Creating a sound banking ecosystem for fintechs”
A Tech company with a German banking license, solarisBank has built an API-accessible banking platform which enables digital companies to offer their own financial solutions. Partners can access the solarisBank modules in the field of e-money, instant credit and digital banking as well as services from third-party providers integrated on the platform via API.
Solarisbank does not operate under its own brand in the market. Instead, it allows other companies to offer legally compliant financial services such as credit cards or loans by providing its own infrastructure.
In March 2019, solarisBank announced its partnership with Alipay. As a licensed acquiring partner, solarisBank will provide Alipay with the infrastructure to expand its network of acceptance points in Europe.