Solarisbank is a prominent Berlin-based financial technology company that specializes in providing banking-as-a-service (BaaS) solutions. Founded in 2016, Solarisbank has emerged as a leading player in the European fintech landscape, offering a wide range of services to businesses and other financial institutions. With its innovative approach and robust technological infrastructure, Solarisbank has gained recognition for its ability to enable partners to quickly and efficiently offer their own financial products and services.
1. Banking-as-a-Service Platform: Solarisbank’s core offering is its powerful BaaS platform. This platform allows businesses, fintech startups, and other financial institutions to leverage Solarisbank’s infrastructure, licenses, and regulatory framework to offer banking and financial services under their own brand. By using the BaaS platform, partners can rapidly launch new products and expand their service offerings without having to build their own banking infrastructure from scratch.
2. Regulatory Compliance: Solarisbank holds a full German banking license, which means it operates under the supervision and regulations of the Federal Financial Supervisory Authority (BaFin) and the European Central Bank (ECB). This license ensures that Solarisbank complies with the highest industry standards and adheres to strict legal and regulatory requirements, providing partners and customers with a secure and compliant financial environment.
3. Modular Services: Solarisbank offers a modular approach to its BaaS solutions, allowing partners to select and integrate specific services that suit their needs. These modules include accounts and payment services, debit cards, KYC (Know Your Customer) processes, lending, digital wallets, and other financial products. The modular design provides flexibility and scalability, enabling partners to customize their offerings and tailor them to their target audience.
4. Developer-Friendly Infrastructure: Solarisbank places a strong emphasis on developer experience and provides a developer-friendly infrastructure. It offers comprehensive APIs (Application Programming Interfaces) that allow partners to easily integrate their systems with Solarisbank’s platform. This facilitates the seamless integration of banking services into partners’ existing applications, ensuring a smooth user experience for their customers.
5. Compliance-as-a-Service: Solarisbank’s compliance expertise is a key value proposition for its partners. By leveraging Solarisbank’s compliance-as-a-service capabilities, partners can offload the burden of regulatory compliance and focus on their core business. Solarisbank’s compliance team stays updated with the ever-evolving regulatory landscape, ensuring partners remain in compliance and reducing the complexity and cost associated with regulatory adherence.
6. White-Label Solutions: Solarisbank’s BaaS platform enables partners to offer white-label financial products and services. This means partners can rebrand and customize the user interface and experience of the services they provide, ensuring a consistent brand identity for their customers. White-label solutions help partners establish their own unique market presence while benefiting from Solarisbank’s underlying infrastructure and expertise.
7. E-Money and Banking Services: Solarisbank offers e-money services, including issuing e-money accounts and prepaid cards. These services cater to the needs of businesses and fintech startups that require electronic payment solutions for their customers. Additionally, Solarisbank’s banking services encompass accounts with IBAN (International Bank Account Number), payment processing, and transaction monitoring, enabling partners to offer comprehensive banking functionalities.
8. Partnership Ecosystem: Solarisbank has cultivated a strong partnership ecosystem, collaborating with various fintech companies, neobanks, and traditional financial institutions. By partnering with Solarisbank, these organizations can leverage its technology and regulatory infrastructure, enhancing their offerings and expanding their market reach. The partnership ecosystem fosters innovation and collaboration within the fintech industry.
9. International Expansion (continued): Solarisbank’s expansion strategy involves establishing a presence in key European markets and obtaining necessary licenses to operate in those jurisdictions. By expanding its reach, Solarisbank aims to cater to the growing demand for fintech solutions across Europe and serve a wider range of partners and customers.
10. Open Banking and PSD2 Compliance: Solarisbank is at the forefront of open banking initiatives and compliance with the Revised Payment Services Directive (PSD2). As a licensed financial institution, Solarisbank enables partners to access and integrate with third-party providers through secure APIs. This fosters collaboration and innovation by allowing partners to offer additional services and leverage external data sources, ultimately enhancing the overall user experience.
Solarisbank is a leading fintech company that offers a comprehensive banking-as-a-service platform. Its modular and developer-friendly approach, regulatory compliance, white-label solutions, and strong partnership ecosystem make it an attractive choice for businesses and financial institutions looking to quickly and efficiently offer their own financial products and services. With its international expansion plans and focus on open banking, Solarisbank is poised to further shape the fintech landscape in Europe and beyond.
Solarisbank, a prominent Berlin-based financial technology company, has gained recognition as a leading player in the European fintech landscape. Founded in 2016, Solarisbank specializes in providing banking-as-a-service (BaaS) solutions that enable businesses and financial institutions to offer their own financial products and services quickly and efficiently. With a full German banking license and regulatory compliance, Solarisbank ensures a secure and compliant environment for its partners and customers.
At the core of Solarisbank’s offerings is its powerful BaaS platform, which provides partners with access to its infrastructure, licenses, and regulatory framework. This platform operates under the supervision of the Federal Financial Supervisory Authority (BaFin) and the European Central Bank (ECB), ensuring adherence to the highest industry standards. Through a modular approach, partners can select and integrate specific services that align with their needs, such as accounts and payment services, KYC processes, lending, and digital wallets.
Solarisbank places a strong emphasis on developer experience, offering comprehensive APIs that facilitate seamless integration with partners’ systems. This developer-friendly infrastructure enables the smooth integration of banking services into partners’ existing applications, providing a streamlined user experience. Additionally, Solarisbank’s compliance-as-a-service capabilities offload the burden of regulatory compliance from partners, allowing them to focus on their core business while ensuring adherence to the evolving regulatory landscape.
The white-label solutions offered by Solarisbank allow partners to rebrand and customize the user interface and experience of the financial products and services they provide. This flexibility helps partners establish their own unique market presence while benefiting from Solarisbank’s underlying infrastructure and expertise. Furthermore, Solarisbank offers e-money services, including e-money accounts and prepaid cards, catering to businesses and fintech startups in need of electronic payment solutions.
Solarisbank has cultivated a robust partnership ecosystem, collaborating with fintech companies, neobanks, and traditional financial institutions. Through these partnerships, organizations can leverage Solarisbank’s technology and regulatory infrastructure to enhance their offerings and expand their market reach. This collaborative approach fosters innovation and collaboration within the fintech industry.
With a focus on international expansion, Solarisbank aims to become a pan-European platform for digital financial services. It is actively establishing a presence in key European markets and obtaining necessary licenses to operate in those jurisdictions. By expanding its reach, Solarisbank seeks to address the growing demand for fintech solutions across Europe and serve a broader range of partners and customers.
Solarisbank’s commitment to open banking and compliance with the Revised Payment Services Directive (PSD2) further strengthens its position in the industry. As a licensed financial institution, Solarisbank enables partners to access and integrate with third-party providers through secure APIs. This facilitates collaboration, innovation, and the ability to offer additional services and leverage external data sources, ultimately enhancing the overall user experience.
In summary, Solarisbank is a leading fintech company that provides a comprehensive banking-as-a-service platform. Its regulatory compliance, modular and developer-friendly infrastructure, white-label solutions, and strong partnership ecosystem make it an attractive choice for businesses and financial institutions looking to quickly and efficiently offer their own financial products and services. With its international expansion plans and focus on open banking, Solarisbank is poised to continue shaping the fintech landscape in Europe and beyond.
