# Solaris SE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solaris-se

- Industry: Financial Services
- Headquarters: Berlin, Germany
- Website: www.solarisgroup.com
- Total disclosed funding: $589M
- Latest round: Series G (Jan 7, 2025)
- Investors on record: 22

## 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.

## Funding rounds

- Series G, Jan 7, 2025, $144M — SBI Holdings, Boerse Stuttgart Digital Ventures
- Series F, Jul 11, 2023, $43M — Storm Ventures, SBI Holdings, BBVA, HV Capital, Lakestar, Finleap, Swilux, ABN AMRO Ventures, Decisive Capital Management
- Series D, Jul 26, 2021, $223M — Pathway Capital Management, BBVA, HV Capital, Vulcan, Compagnie Nationale à Portefeuille, Yabeo Capital, Ilavska Vuillermoz Capital, Decisive Capital Management
- Series C, Sep 8, 2020 — Global Brain
- Series C, Jun 30, 2020, $67M — Storm Ventures, SBI Holdings, HV Capital, Vulcan, BBVA, Global Brain, Lakestar, Yabeo Capital, Samsung Strategy & Innovation Center, ABN AMRO Ventures, Hegus
- Series B, Mar 8, 2018, $70M — SBI Holdings, BBVA, ABN AMRO, Arvato AG, Visa Inc., Lakestar
- Series A, Mar 13, 2017, $28M — UniCredit Group, SBI Holdings, Arvato AG, Yabeo Capital, Finleap
- Seed, Mar 14, 2016, $14M — UniCredit Group, Yabeo Capital, Finleap

## Investors

- UniCredit Group — Seed, Series A
- Yabeo Capital (https://capitalatlas.ai/funds/yabeo-capital) — Seed, Series A, Series C, Series D
- Finleap (https://capitalatlas.ai/funds/finleap) — Seed, Series A, Series F
- SBI Holdings — Series A, Series B, Series C, Series F, Series G
- Arvato AG — Series A, Series B
- BBVA — Series B, Series C, Series D, Series F
- ABN AMRO (https://capitalatlas.ai/funds/abn-amro) — Series B
- Visa Inc. — Series B
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series B, Series C, Series F
- Storm Ventures (https://capitalatlas.ai/funds/storm-ventures) — Series C, Series F
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series C, Series D, Series F
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series C, Series D
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series C
- Samsung Strategy & Innovation Center (https://capitalatlas.ai/funds/samsung-strategy-innovation-center) — Series C
- ABN AMRO Ventures (https://capitalatlas.ai/funds/abn-amro-ventures) — Series C, Series F
- Hegus — Series C
- Pathway Capital Management (https://capitalatlas.ai/funds/pathway-capital-management) — Series D
- Compagnie Nationale à Portefeuille — Series D
- Ilavska Vuillermoz Capital (https://capitalatlas.ai/funds/ilavska-vuillermoz-capital) — Series D
- Decisive Capital Management — Series D, Series F
- Swilux — Series F
- Boerse Stuttgart Digital Ventures (https://capitalatlas.ai/funds/boerse-stuttgart-digital-ventures) — Series G