Solaris SE

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Solaris SE - overview

Established

2016

Location

Berlin, -, Germany

Primary Industry

Financial Services

About

Based in Germany, Solaris SE provides an e-banking platform that enables businesses to seamlessly integrate financial services into their offerings, promoting efficient and compliant banking solutions. Solaris SE, founded in 2016 in Berlin, Germany, specializes in Banking-as-a-Service solutions. The company has conducted 10 deals and is led by CEOs Carsten Höltkemeyer and Georg Heibel. On January 7, 2025, Solaris SE raised EUR 140 million in Series G funding, co-led by Boerse Stuttgart Digital Ventures and SBI Holdings, bringing the total amount raised to EUR 140 million.


Solaris offers a comprehensive Banking-as-a-Service platform designed to empower businesses to integrate financial products into their existing services. The platform features advanced APIs that facilitate the embedding of compliant digital banking services, enabling clients to deliver customized solutions such as checking and savings accounts, multi-account management, and payment processing options, including SEPA Credit Transfers and Direct Debits. Solaris caters to a diverse clientele, including SaaS providers, freelancers, and businesses, by enabling them to offer local and virtual IBANs, and tools for issuing and managing physical or virtual debit, prepaid, and credit cards. The company's services are operational across all European Union markets, leveraging its full banking license to ensure compliance and streamline regulatory complexities for its partners.


In 2021, Solaris reported a revenue of EUR 73,113,707. 90 with an EBITDA of EUR -48,077,349. 50. The company generates revenue through service fees related to transaction processing and banking services, allowing clients, including SaaS companies, to incorporate Solaris’ financial features through subscription and transaction fees.


In January 2025, Solaris SE raised EUR 140 million in Series G funding to strengthen its core capital base, ensure operational stability, and expand into new market opportunities in embedded finance. The strategy includes launching new products and targeting further geographic expansion, although specific details on new products and regions have not been disclosed.


Current Investors

UniCredit Group, SBI Holdings, Arvato AG

Primary Industry

Financial Services

Sub Industries

e-Financial, Commercial Banks, Accounting/Finance Software

Website

www.solarisgroup.com

Verticals

FinTech, FinTech, FinTech, Mobile Apps

Company Stage

Series G

Total Amount Raised

Subscriber access only

Solaris SE - timeline of key events

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Solaris SE - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)-1,913,465.41,781,6016,552,851.6---
% Revenue Growth (YoY)--(6.9%)267.8%---
EBITDA (USD)-(7,091,069.4)(14,857,966.3)(16,515,467.2)---
Operating Income (USD)-(7,587,901.4)(15,676,225.6)(18,305,534)---
Operating Margin-(396.6%)(879.9%)(279.4%)---
% EBITDA Margin-(370.6%)(834.0%)(252.0%)---
NET Income (USD)(1,247,394.9)(7,587,001.4)(15,676,225.6)(18,305,534)---
% Net Margin-(396.5%)(879.9%)(279.4%)---

Solaris SE - employee data

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Solaris SE - key contacts

NamePositionStart DateEnd DateVcardBio 
Chairman Of The BoardBM

BM Board Member

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