SolarisBank provides online banking services access to Fintechs

Country: Germany (Berlin)
Year: 2015

Concept

  • SolarisBank offers a Banking-as-a-service platform and provides a set of plug-and-play APIs for Fintechs such as banking tech and regulatory air cover. With its European banking license, it offers digital banking components that can be highly customizable
  • The startup currently operates in 6 countries, has over 85 employees and has onboarded 20 companies on its platform
  • SolarisBank recently raised 26,3€ million in March 2017 to expand its banking platform to Asia. The startup wants to lauch in 2017 a joint venture (40% ownership for SolarisBank) with the Japanese company SBI Holdings

Consumer Benefits

  • Quick: the user can apply online in a few minutes
  • Convenient: SolarisBank offers disruptive solutions through APIs for fintechs. The user does not have to worry about regulations anymore, he/she gets everything they need on the platform
  • Customizable: SolarisBank adapts its platform to the specific needs of the user

How to use

  • Fill out a questionnaire about the product, the launch date, the countries in which the user wants to do business, and the user’s personal data
  • Choose between three categories: Escrow & E-money, Rapid Credit, and Digital Banking
  • SolarisBank will quickly come back to the user with an adapted offer

Illustration