Solaris (credit institution)
Solaris SE is a credit institution licensed in Germany. Known as Solarisbank AG until November 2022, it is headquartered in Berlin and has branches in London, Paris, Milan, Madrid and Vilnius.
The company's business is the operation of digital banking and other financial services
Background
Overview
Solaris SE 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. Solaris 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, Solaris raised €26.3 million in its series A funding round from Yabeo Capital, Arvato Financial Solutions, Finleap, Unicredit and the Japan-based SBI group. The company also brought in Dr. Roland Folz as CEO.
In March 2017, Solaris is said to have brought over 20 companies onto its banking platform and it is reported to have passported its banking license to six European countries.
In March 2018, Solaris 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, Solaris raised €60 million in Series C funding led by HV Capital with participation from Vulcan Capital, Samsung Catalyst Fund and Storm Ventures.
In March 2025, SBI Group became the majority shareholder of Solaris after a €140 million Series G funding round.