FinLeap portfolio company, Solaris SE today announced the signing of its Series F round led by SBI Group and other existing investors. Solaris is Europe's leading embedded finance platform. The current round consists of EUR 96 million in additional capital and a financial guarantee of up to EUR 100 million capital equivalent. Solaris will use the funds to onboard the ADAC (Allgemeiner Deutscher Automobil-Club) credit card [...]
We are pleased to report that Solarisbank AG, Europe’s leading Banking-as-a-Service platform, has raised EUR 190 million in an oversubscribed Series D funding round, valuing the company at EUR 1.4 billion. Shackleton portfolio company, FinLeap is a founder shareholder of Solarisbank and retains a substantial shareholding. This funding event marks FinLeap's first home-grown unicorn. The round was led by Decisive Capital Management, with support from [...]
We are delighted to share this recent news from FinLeap's CEO Ramin Niroumand. The fintech sphere has been quite dynamic in recent weeks. The developments in the Wirecard case continue to dominate international news as the story gradually unfolds. However, there is also positive fintech news to share. Despite the summer break, many companies are working on their comebacks following the Corona crisis. The finleap [...]
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 [...]
