← State of Embedded Finance 2026

Solarisbank

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?

Founded2016
HQBerlin, Germany
Total raisedEUR 530M+
IndustryInfrastructure / BaaS
The story

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.

Last 12 months
2023-01
Product timeline
2016
Founded as Solarisbank AG, the first fully cloud-based Banking-as-a-Service provider in Germany.· banking
2017
Obtained full German CRR banking license from BaFin, enabling deposit-taking and lending services.· banking
2021
Acquired Contis Group to expand card issuing and payments capabilities across Europe.· acquisition
2022
Rebranded from Solarisbank AG to Solaris SE, reflecting a broader embedded finance platform strategy.· pivot
2023
Received strategic investment from SBI Group (Japan), with SBI acquiring a majority stake.· acquisition
2024
Expanded EU passporting to France, Spain, and Italy; launched KYB platform and BNPL Splitpay product.· banking
Regulated entities
CRR Credit Institution (Full Banking License)
Germany (BaFin / ECB) · 2017
Solaris SE
Insurance Agent
Germany
Solaris SE
The stack
Payments / PSP
Solaris SE (self-operated)
Banking / BaaS
Solaris SE (self-operated)
Card issuing
Solaris SE (self-operated)
Lending
Consumer Lending (white-label)BNPL - Splitpay (fixed payments or flexible installments)Fronting (license-as-a-service for third-party lenders)Credit LinesOverdraft
KYC
Fourthline
Accounting gap: significant