User:AquilaCAIN/sandbox

solarisBank is a Berlin-based fintech company that offers Banking as a Platform(BaaP) services with its German banking license and allows its users, corporate clients to offer their own financial products to their end-users.

Overview
solarisBank was established in 2015 as a part of Finleap, a fintech company builder based in Berlin, Germany with Andreas Bittner and Marko Wenthin as its founders. solarisBank was officially launched in March 2016, after receiving its banking license.

In October 2016, the company entered into a strategic partnership with MasterCard in order to develop novel banking modules.

In February 2017, solarisBank raised  €26.3 million in its series A funding round from Yabeo Capital, Arvato Financial Solutions, FinLeap, Unicredit and Japan-based SBI group. The company also brought in Dr. Roland Folz as CEO.

As of March 2017, solarisBank is said to have brought over 20 companies on its banking platform and it is reported to have passported its banking license to six European countries.

Technology
According to Jan Beckers, the chairman of Finleap, solarisBank is a B2B2C (business-to-business-to-consumer) company with a product offering of account and transaction services, debit cards, online loans and payment services for its users.

solarisBank provides a banking platform, which is said to allow its users, mostly digital companies and financial services startups, to access various banking service modules, which then can be integrated into their processes, websites or mobile applications.

Corporate clients of solarisBank include companies such as European car listing service AutoScout24, gift card provider Fashioncheque and the Berlin-based fintech Lendico.

Awards and Recognition
solarisBank was one of the finalists for the “Most Disruptive Innovation” Award at the 2016 Global Banking Awards, held in Spain.

In 2017, solarisBank was included in The Fintech 250 list by CB insights. In the same year, the company was named as one of the 50 hottest fintechs of Europe by the Fintech 50.