Germany’s Solaris bags €96m in Series F funding round
The new capital injection adds to Solaris’ initial €38 million Series F raise announced in 2023.
The new capital injection adds to Solaris’ initial €38 million Series F raise announced in 2023.
The fine relates to alleged AML failings over a period between 2021 and 2022.
According to the Financial Times, Solaris is looking to raise €100m to fulfil its credit card deal with ADAC.
The company says it will use the funding to strengthen its governance and compliance.
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.