Solaris secures €140m Series G funding, SBI Group becomes majority shareholder
Japanese financial heavyweight SBI Group has become the majority shareholder of German embedded finance firm Solaris after co-leading its latest €140 million Series G funding round alongside German exchange group Börse Stuttgart.

Solaris raises €140m Series G led by SBI and Börse Stuttgart
The share acquisition was completed by SBI Ventures Two, with the group saying it plans to make Solaris “a consolidated subsidiary” to “enable maximisation of synergies and further enhancement of corporate value of both companies”.
SBI has supported Solaris since 2017 and led its €96 million Series F round last March. It also currently provides a bank guarantee to receivables of its credit card business through its subsidiary, SBI Shinsei Bank.
The completion of the Series G, which Solaris says received additional “contributions and equity supportive measures from a diverse group of investors and strategic partners”, confirms reports from last month that SBI was on track to acquire a majority stake.
Carsten Höltkemeyer, CEO of Solaris, says the company’s latest cash injection will “not only support our operations until we reach profitability but will also accelerate our ability to seize market opportunities and build a strong core capital base”.
Höltkemeyer outlined “a new chapter of transformation” for Solaris last September, with a focus on implementing “a more suitable target operating model which will help align our operating structure with strategic priorities”.