About Solaris
Solaris is a company based in Berlin (Germany) founded in 2016 was acquired by SBI Group in March 2025. It operates as a Banking-as-a-Service, and B2B2C. Solaris has raised $735.69 million across 9 funding rounds from investors including Visa, ABN AMRO and SBI Group. Solaris has completed 1 acquisition, including Contis. Solaris offers products and services including Digital Banking, Accounts, Cards, Consumer Lending, and KYC Platform. Solaris operates in a competitive market with competitors including Cross River, ClearBank, QI Tech, The Bank of London and Vodeno, among others.
- Headquarter Berlin, Germany
- Stage Unicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Solaris Se
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Products & Services of Solaris
Solaris offers a comprehensive portfolio of products and services, including Digital Banking, Accounts, Cards, Consumer Lending, and KYC Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Banking platform is provided for customized financial solutions.
Tailor-made bank accounts are offered for various users.
Branded credit and debit cards are issued digitally.
Fully digital consumer loans are provided to customers.
Secure digital identification services are offered for onboarding.
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Product Management Team
17 people
Software Development Team
16 people
Finance and Accounting
11 people
Senior Team
11 people
Human Resources and Administration
8 people
Operations Team
6 people
Legal and Compliance
5 people
Head Team
5 people
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Funding Insights of Solaris
Solaris has successfully raised a total of $735.69M across 9 strategic funding rounds. The most recent funding activity was a Series G round of $144.88 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series G — $144.9M
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First Round
First Round
(01 Mar 2016)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series G - Solaris | Valuation | SBI Group | |
| Mar, 2024 | Amount | Series F - Solaris | Valuation | SBI Investment |
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| Jul, 2023 | Amount | Series F - Solaris | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Solaris
Solaris has secured backing from 22 investors, including institutional and venture fund investors. Prominent investors backing the company include Visa, ABN AMRO and SBI Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital funds are managed to support unlisted companies' growth.
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Founded Year | Domain | Location | |
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A venture capital-backed startup studio is focused on fintech innovation.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Solaris
Solaris has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Contis. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Open banking APIs are provided for businesses and institutions.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Solaris
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Solaris Comparisons
Competitors of Solaris
Solaris operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cross River, ClearBank, QI Tech, The Bank of London and Vodeno, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Open banking API solutions are provided for financial institutions.
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| domain | founded_year | HQ Location |
Cloud-based open banking API is developed for banking-as-a-service solutions.
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| domain | founded_year | HQ Location |
Open banking API solutions are provided for financial product building.
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| domain | founded_year | HQ Location |
Provider of banking solutions for businesses, focusing on payments, corporate banking, and embedded finance
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| domain | founded_year | HQ Location |
Cloud-based core banking solution for banks and financial institutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Solaris
Frequently Asked Questions about Solaris
When was Solaris founded?
Solaris was founded in 2016.
Where is Solaris located?
Solaris is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Solaris a funded company?
Solaris is a funded company, having raised a total of $735.69M across 9 funding rounds to date. The company's 1st funding round was a Series F of $41.69M, raised on Mar 01, 2016.
What does Solaris do?
Solaris is established as a German technology company with a full banking license, operating across Europe. Financial services are provided through a Banking-as-a-Service platform, enabling businesses to embed digital banking solutions into their products. Sectors such as SaaS, ERP, HR Tech, financial wealth, travel, and mobility are served. Cutting-edge APIs and cloud-based infrastructure are utilized to ensure scalability and compliance with regulatory requirements. Customized financial products like accounts, payments, cards, and consumer lending are offered to enhance customer engagement and loyalty for partners.
Who are the top competitors of Solaris?
Solaris's top competitors include Cross River, ClearBank and QI Tech.
What products or services does Solaris offer?
Solaris offers Digital Banking, Accounts, Cards, Consumer Lending, and KYC Platform.
How many acquisitions has Solaris made?
Solaris has made 1 acquisition, including Contis.
Who are Solaris's investors?
What is Solaris's valuation?
The valuation of Solaris is $1.65B as of Jul 2021.
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