solarisBank Raises €56.6M Series B with VISA, BBVA, ABN Amro

solarisBank closed a €56.6 million Series B funding round in March 2018, attracting strategic investors VISA, BBVA, ABN Amro, and existing investor Lakestar. The BaaS platform, which holds a full German banking license, enables companies—including fintechs, corporates, banks, and big tech firms—to offer financial services through modular APIs. By the time of this raise, solarisBank had onboarded over 50 partners and was operating across more than seven EU countries.

The Series B followed a €26.3 million Series A in March 2017 from investors including SBI Group and Arvator Financial Solutions, and an initial €12.2 million seed round in late 2016. The participation of major card network VISA and incumbent banks BBVA and ABN Amro signaled strong validation of the BaaS model from established financial institutions. That same month, solarisBank was named 'fintech of the year' by the German industry blog Paymentandbanking.

The funding was expected to accelerate the company's European expansion and product development.