“Can a fully licensed European bank become the default BaaS infrastructure layer for any company—SaaS, travel, mobility, or fintech—wanting to embed financial services across the EU?”
Founded in 2016 as Germany's first cloud-native BaaS bank, Solarisbank leveraged its CRR license to power white-label financial products for fintechs and corporates. The 2021 acquisition of Contis expanded its card issuing reach across Europe. After rebranding to Solaris SE in 2022, the company shifted from a fintech-focused infrastructure play to a broader embedded finance platform targeting SaaS companies, travel, mobility, and wealth verticals. The SBI Group acquisition in 2023 repositioned Solaris as a cross-border embedded finance infrastructure provider with ambitions in EU passporting and multi-country BaaS.