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Solaris - About the company

Solaris is an acquired company based in Berlin (Germany), founded in 2016 by Marko Wenthin and Andreas Bittner. It operates as a Provider of banking-as-a-service platform offering digital banking and payment solutions. Solaris has raised $736M in funding from investors like FinLeap, Arvato and SBI Group, with last known valuation of $1.6B. The company has 545 active competitors, including 159 funded and 62 that have exited. Its top competitors include companies like Razorpay, Cross River Bank and Tink.

Sectors and market segments that Solaris operate in

Solaris serves in the FinTech market segments.The primary business model of Solaris is:

Company Details

Provider of banking-as-a-service platform offering digital banking and payment solutions. The platform enables businesses to embed financial services into their own products. Services include accounts, identification, cards, payments, and lending. The platform offers APIs designed for scalability and product customization.
Social
X
Email ID
*****@solarisgroup.com
Phone Number
+49 **********
Registered Address
Anna-Louisa-Karsch-Strasse 2 10178 Berlin
Key Metrics
Founded Year
2016
Location
Berlin, Germany
Stage
Acquired
Total Funding
$736M in 9 rounds
Latest Funding Round
Last Known Valuation
$1.6B as on Jul 11, 2023
Investors
Ranked
Annual Revenue
€0 - €1M as on Dec 31, 2022
Employee Count
611 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by SBI Group (Mar 25, 2025)

Solaris's acquisition details

Solaris got acquired by SBI Group on Mar 25, 2025.
Click here to take a look at Solaris's acquisition in detail
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Solaris's funding and investors

Solaris has raised a total funding of $736M over 9 rounds. Its first funding round was on Mar 2016. Its latest funding round was a Series G round on Feb 03, 2025 for $145M. 2 investors participated in its latest round. Solaris has 26 institutional investors.

Here is the list of recent funding rounds of Solaris:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 03, 2025
$145M
Series G
-
-
Mar 19, 2024
$104M
Series F
-
-
-
Jul 11, 2023
$41.7M
Series F
-
-
-
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Solaris' founders and board of directors

Founder? Claim Profile
The founders of Solaris are Marko Wenthin and Andreas Bittner.
Here are the details of Solaris' key team members:

Solaris' Board of Directors

Solaris's board has 7 active members. Carsten Höltkemeyer is part of team and Chloé Mayenobe, Roland Manfred Folz, Jörg Howein, Ansgar Finken, Jör Diewald and Thomas Alexander Rasser are independent board members.
Here is the list of Solaris' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
3y 5m
Independent board member
-
Current
3y 5m
Independent board member
-
Current
3y 5m
Independent board member
-
Current
3y 5m
Independent board member
-
Current
3y 5m
Independent board member
-
Current
3y 5m
Independent board member
-
Current
3y 5m

Solaris' employee count trend

Solaris has 611 employees as of May 26. Here is Solaris's employee count trend over the years:
Employee count trend for Solaris
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Solaris's Competitors and alternates

Top competitors of Solaris include Razorpay, Cross River Bank and Tink. Here is the list of Top 10 competitors of Solaris, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment and business banking solutions for enterprises
$742M
86/100
2nd
Logo for Cross River Bank
Cross River Bank
2008, Fort Lee (United States), Series D
Provider of an open banking API solutions for financial institutions
$898M
79/100
3rd
Logo for Tink
Tink
2012, Stockholm (Sweden), Acquired
Provider of open banking platform offering payment services and data enrichment
$359M
77/100
4th
Logo for TrueLayer
TrueLayer
2016, London (United Kingdom), Series E
Provider of open banking platform facilitating payments and data solutions
$322M
77/100
5th
Logo for Pine Labs
Pine Labs
1998, Noida (India), Public
Provider of in-store and online payment, prepaid, and financial solutions
$954M
76/100
6th
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
7th
Logo for Galileo
Galileo
2000, Sandy (United States), Acquired
Provider of cloud-based platform for financial technology and digital banking
$85M
72/100
8th
Logo for Solaris
Solaris
2016, Berlin (Germany), Acquired
Provider of banking-as-a-service platform offering digital banking and payment solutions
$736M
72/100
9th
Logo for Bud
Bud
2015, London (United Kingdom), Series B
Developer of open banking API and financial data analysis for businesses
$103M
71/100
10th
Logo for Trustly
Trustly
2008, San Carlos (United States), Acquired
Open banking-enabled payment processing solution for businesses
$28.7M
71/100
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Looking for more details on Solaris's competitors? Click here to see the top ones

Solaris's Investments and acquisitions

Solaris has made 2 investments in MODIFI and CrossLend and acquired Contis.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 15, 2021
Investments
2018
Berlin (Germany)
Jul 26, 2021
Acquisition
2008
Sep 06, 2018
Investments
2014
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News related to Solaris

lockFilter this list
Media has covered Solaris for a total of 21 events in the last 1 year, 15 of them have been about company updates and 3 about people movement.
Berliner Bank Radikalumbau bei Solarismanager magazinMar 25, 2026Solaris
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FAQs about Solaris

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