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Solaris Raises $144 Million in Funding

Solaris is a leading Banking-as-a-Service (BaaS) platform that blends cutting-edge technology with robust regulatory compliance. Holding a full German banking license, Solaris provides API-driven solutions that enable businesses to integrate financial services directly into their products. Its modular platform offers various services, including digital bank accounts, payment cards, lending, identification, and digital asset custody. By handling the complexities of banking infrastructure and compliance, Solaris empowers companies to quickly and efficiently launch tailored financial products.

Solaris has raised $144 million in a Series G funding round. The round was led by SBI Group and Boerse Stuttgart Group, with participation from a diverse group of investors and strategic partners.

Solaris, Berlin, Germany, was founded in 2015 by Andreas Bittner and Marko Wenthin. In 2021, the company joined the unicorn club. Solaris primarily operates in the European market, leveraging its full German banking license to offer Banking-as-a-Service solutions across multiple countries. The company continues to expand its presence in the region, supported by strategic technology hubs and partnerships.

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