solarisBank in €56.6 million funding round

Banking-as-a-Platform

solarisBank in €56.6 million funding round

BBVA, Visa and ABN Amro are among the new investors in solarisBank.

Money20/20 Europe: is banking a dead cat?

What is the future of banking? Is it a giant menu from which customers (individuals and businesses) choose who is to provide what contingent upon well-informed choice and best value. Or is it a model where banks still rule from the centre, providing customers the simplicity of a range of products through a single provider. Putting aside whether or not this highly competitive state is possible, which is the future direction of banking?

SBI Holdings, Unicredit and Bertelsmann invest in SolarisBank

Berlin-based fintech SolarisBank has raised €26.3 million from Japanese financial group SBI Holdings, German media company Bertelsmann, Italian banking group Unicredit, plus other investors.