Alexander Engel (CFO), Roland Folz (CEO), Andreas Bittner (COO), Jörg Howein (CPO) and Jörg Diewald (CCO) Robert Rieger





solarisBank

Empowering Finance Pioneers

Fintech
Founded in 2016
200 employees
Funding: €95M
Stage: Series B


solarisBank provides a flexible digital banking infrastructure, allowing companies to offer their customers financial services without the need for a banking license. Their scalable tech platform approach creates a new and open financial ecosystem, while the seamless integration of solarisBank’s digital banking products significantly reduces the client’s time to market. Website
Highlight of the year: Closing the Series B round of €56.6M in March, 2018.


Interview with solarisBank


What inspired you to found your startup?

Modern consumers demand instant digital services, and traditional banks have not met this demand. Companies see this as an opportunity to offer their own digital financial services directly to their customers, but they need a licensed banking partner to do this. solarisBank was founded to solve this problem.


How are you different? What is your unique value proposition?

We are not a bank, but a tech company with a banking license. Unlike traditional banks using legacy systems, our platform is built with a modern tech stack to offer the seamless integration of our services via APIs, making us a far more attractive banking partner for digital companies.


How do you define success for yourself and your company?

Our goal is to accelerate the transformation of the financial services industry.


What do you want to achieve next year?

We want to further scale our banking platform capability and expand geographically. Our aim is to empower more and more companies to offer customers their own financial services in a digital and seamless way.


Why do people want to work at your company?

As a tech company with a banking license, we’ve brought together a very unique mix of technology experts and finance professionals, who share the vision of creating a new kind of financial institution from scratch.


What has been the most important milestone so far?

Attracting not only a great mix of renowned investors, but also more than 200 extremely talented and dedicated employees who work hard on building the first fully licensed banking platform while shaping a fun and dynamic company culture.


Looking back at your whole development story — what makes you most proud?

What fills us with the most pride is that we have not stopped innovating. The launch of our Blockchain Factory is a testament to our drive to reinvent ourselves, and to continue to contribute to the transformation of the financial services industry.


Where do you see your company in 5 years?

We envision solarisBank as a global platform acting beyond Europe, and with an even more diversified client base and product offering. We want to reach the stage where any business in the world wanting to offer financial services can plug and play on our platform.


What is your impression of launching a startup from your based city?

We very much appreciate that Berlin has developed into Germany’s Fintech hub, as it not only attracts a great pool of talent, but also fosters exchange on technological trends and new innovations. We host regular meetups at our Berlin offices to encourage this exchange.


What is your impression of the german startup scene? Would you change anything?

It’s great to see the recent amount of significant fundings as well as IPOs of German startups and tech companies. It shows that the ecosystem is getting more and more mature.



solarisBank was featured in “The Hundert Vol. 10 – Startups of Germany“, November 2018.



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