- Berlin-based banking platform raises EUR 56.6 million (USD 70.1 million)
- BBVA, Visa, Lakestar and ABN AMRO DIF to join as strategic investors
- Current investors Bertelsmann subsidiary, Arvato Financial Solutions and Japanese SBI Group re-invest
- solarisBank was formed by Shackleton-backed FinLeap two years ago, with FinLeap remaining the leading shareholder
Berlin, 08/03/2018 – solarisBank, the first banking platform with a full banking license, has successfully brought on board further investors after its series A funding round one year ago. Four new strategic and financial investors took part in the series B round which raised a total of EUR 56.6 million. Beside renewed investments from current investors Arvato Financial Solutions and SBI Group, renowned global companies BBVA, Visa, Lakestar and ABN AMRO’s Digital Impact Fund (DIF) have joined the circle of investors.
“With our banking platform concept, we are shaping the future of the financial services industry. Our innovative approach has convinced industry leaders from both the finance and technology sectors to utilise the series B round as an opportunity to be a part of our business model and growth story. I am thrilled and inspired by the potential for further co-operations in Germany, as well as in international markets, that we can approach together with these strong partners.”