Solarisbank

company

About

Solarisbank is a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
€40M
Industries
Banking,Financial Services,FinTech,Information Technology
Founded date
Jan 1, 2016
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Solarisbank AG
Investor Type
Venture Capital

Solarisbank is Europe's leading Banking-as-a-Service platform. As a technology company with a full German banking license, Solarisbank enables other companies to offer their own financial services. Via APIs, partners integrate Solarisbank's modular banking services directly into their own product offering. The platform offers digital bank accounts and payment cards, identification and lending services, digital asset custody as well as services provided by integrated third-party providers.

To date, Solarisbank has raised more than EUR 160 million from a bluechip shareholder base, including ABN AMRO’s Digital Impact Fund, BBVA, finleap, Global Brain, HV Holtzbrinck Ventures, Lakestar, Samsung Catalyst Fund, SBI Group, Storm Ventures, Visa, Vulcan Capital, and yabeo Capital.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
€385.10M
Solarisbank has raised a total of €385.10M in funding over 2 rounds. Their latest funding was raised on Jun 24, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 24, 2022 Series Unknown €40M Detail
Jul 26, 2021 Series D €190M 9 Decisive Capital Management Detail
Jun 30, 2020 Series C €60M 10 HV Capital
Yabeo Capital
Detail
Mar 8, 2018 Series B €56.60M 6 Banco Bilbao Vizcaya Argentaria Detail
Mar 13, 2017 Series A €26.30M 6 Arvato Bertelsmann Detail

Investments

Number of Investments
Number of Lead Investments
6
3
Solarisbank has made 6 investments. Their most recent investment was on Oct 20, 2022, when Get A Drip raised €4.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 20, 2022 Get A Drip
Series A €4.50M Health Care Yes
Sep 13, 2022 Stubben Edge
Series Unknown £5.60M Financial Services
Jan 31, 2022 Stubben Edge
Series Unknown £10M Financial Services
Jan 12, 2022 mmi Analytics
Series A £4.50M Analytics Yes
Dec 15, 2021 MODIFI
Debt Financing $145M Financial Services Yes

Investors

Number of Lead Investors
Number of Investors
5
22
Solarisbank is funded by 22 investors. Decisive Capital Management and BBVA are the most recent investors.
Investor Name Lead Investor Funding Round
Decisive Capital Management Yes Series D
BBVA Series D
Compagnie Nationale à Portefeuille Series D
FJ Labs Series D
HV Capital Series D
Ilavska Vuillermoz Capital Series D
Pathway Capital Management Series D
Vulcan Capital Series D
Yabeo Capital Series D
ABN AMRO Ventures Series C

Employee Profiles

Number of Employee Profiles
14
Solarisbank has 14 current employee profiles, including Board member Michael Hock
Board member
Board observer
Executive
Executive
Executive

Acquisition

Solarisbank has acquired 1 organizations. Their most recent acquisition was Contis Group on Jul 27, 2021. They acquired Contis Group for 0.

Date Company Name
Industry Acquisition Type Price
Jul 27, 2021 Contis Group
Financial Services acquisition Detail