Germany-based banking as a service platform solarisBank announced it secured €60mn series C investment round; the round was led by...
Berlin-based solarisBank has raised 26.3 million euros ($27.95 million) in a Series A funding round; investors included Arvato Financial Solutions, Japanese SBI Group, FinLeap, Hegus and Yabeo Capital; the company offers a banking platform solution that helps companies connect with innovative banking service modules for business integration. Source
The two companies are both based in Berlin and will collaborate on SME loan financing; solarisBank has initially provided an eight digit investment for financing loans on the Lendico peer-to-peer lending platform; Lendico launched in 2014 and has total lending volume of over EUR100 million. Source