Search Results for "SolarisBank"
6 results for "SolarisBank"
Deals 6
SolarisBank Raises €60M Series C to Scale European BaaS Platform
German Banking-as-a-Service provider SolarisBank closed an oversubscribed €60 million Series C round led by HV Holtzbrinck Ventures. New investors include Vulcan Capital, Samsung Catalyst Fund, and Storm Ventures, alongside existing backers BBVA, ABN Amro, and others. The funds will accelerate European expansion, platform development, and regulatory capital strengthening.
Solarisbank Raises €30M Series B Extension Led by BBVA
German BaaS provider Solarisbank (now Solaris) raised €30M (~$33M) in a Series B extension led by BBVA and Target Global. The funding scaled its API-based banking infrastructure for lending, payments, and cards, with a focus on PSD2 and open banking compliance.
iPayment Rebrands as Paysafe Following Acquisition
US-based payment processor iPayment officially rebranded as Paysafe on August 15, 2018, following its acquisition by the Paysafe Group. The rebrand unified iPayment's merchant services under the Paysafe brand. Paysafe's broader ecosystem includes partnerships with embedded finance players such as viafintech and Solarisbank.
SolarisBank Partners with ABN AMRO's Moneyou for White-Label Lending
SolarisBank partnered with ABN AMRO subsidiary Moneyou to enable rapid seven-minute loan approvals for German clients via a white-label banking model. SolarisBank provided the BaaS infrastructure while Moneyou offered the branded customer-facing experience. The deal exemplified the growing trend of established banks leveraging fintech partners for digital lending.
Solarisbank Secures Full German Banking License from BaFin and ECB
Solarisbank (now Solaris) received full banking license approval from BaFin and the European Central Bank, making it one of the first digital Banking-as-a-Service platforms to obtain such a charter in Germany. Founded in March 2016, the company secured the license just nine months after filing its application. The approval enabled Solarisbank to rapidly connect partners to its payment, lending, and digital banking APIs.
solarisBank Raises €56.6M Series B with VISA, BBVA, ABN Amro
solarisBank, a Berlin-based Banking-as-a-Service platform, raised €56.6 million in Series B funding in March 2018. Investors included VISA, BBVA, ABN Amro, and Lakestar. The round underscored growing institutional interest in BaaS infrastructure enabling fintechs, corporates, and banks to embed financial services via APIs.