Solaris - News, Articles & Research

Company announcement/retail

Tomorrow introduces savings accounts with Solaris

German sustainable mobile banking provider Tomorrow – a long-term partner of Europe’s leading embedded finance platform Solaris – introduced a new savings account to complement its existing suite of banking products.

17 February 2025

News/retail

Solaris clinches €140 million funding round

German Banking-as-a-Service platform Solaris has secured a €140 million financing round.

03 February 2025

News/retail

SBI set to take majority stake in Solaris

Japanese financial conglomerate SBI has agreed to pay €100 million for a stake of more than 70% in struggling German Banking-as-a-Service platform Solaris, according to Bloomberg.

07 January 2025

News/retail

Troubled fintech Solaris in search of fresh funding

German banking-as-a-Service platform Solaris is reportedly seeking an emergency cash injection of £100 million and will put the business up for sale if it fails to raise fresh funds.

27 November 2024

News/retail

Solaris offloads Engage business in the UK to Suits Me

German Banking-as-a-Service company Solaris has sold its Engage business from Contis to UK alternative banking provider Suits Me.

11 November 2024

News/people

Solaris to lay off a third of workforce

German Banking-as-a-Service company Solaris is set to lay off a third of its workforce with the majority of job losses hitting its British subsidiary Contis.

15 October 2024

Company announcement/retail

Solaris sunsets EMI and SE business; confirms job losses

In 2015, Solaris was founded with a bold vision: to revolutionize banking. From a pioneering Fintech startup, we have grown into Europe’s leading Banking-as-a-Service platform, empowering businesses to offer financial services seamlessly.

29 September 2024

Company announcement/identity

Bitpanda to deploy Solaris KYC platform

Solaris, Europe’s leading embedded finance platform is proud to welcome Bitpanda, Europe’s leading crypto platform, on its KYC platform.

01 August 2024

Company announcement/people

Solaris hires Michael Bonacker to lead supervisory board

Solaris, Europe’s leading embedded finance platform, announces the appointment of new supervisory board members. The board will be instrumental in helping Solaris execute its 5-year strategy, dedicated to achieving profitable growth, focusing on core verticals, and making regulatory compliance a key USP.

26 June 2024

News/startups

Tomorrow migrates brokerage from Solaris to fintech lemon.markets

German fintech lemon.markets is entering the Brokerage-as-a-Service segment with its first banking partner, sustainable banking provider Tomorrow, moving across from Solaris.

11 June 2024

News/retail

Solaris raises €96 million in funding

German Banking-as-a-Service outfit Solaris has raised €96 million in a Series F funding round and secured a financial guarentee of up to €100 million capital equivalent which will enable it to execute on a major credit card contract with Munich-based motor association Adac.

19 March 2024

News/payments

Solaris struggles to raise funds to meet major credit card contract - FT

German Banking-as-a-Service outfit Solaris is struggling to raise fund to execute on a major credit card contract with Munich-based motor association Adac, the FT reports.

26 September 2023