Solaris, a Berlin, Germany-based provider of an embedded finance platform, raised €38M in funding.
The round was led by existing investors.
The company intends to use the funds to strengthen governance and compliance and lay the foundation for its next phase of growth.
Founded in 2015 and led by CEO Carsten Höltkemeyer, Solaris is a provider of an embedded finance platform. Its proprietary modular B2B tech stack and scalable licensing system empowers its partners – from large global non-financial companies to innovative fintechs – to offer financial services.
Today, the banking and EMI-licensed tech company employs more than 800 people at ten locations in Europe and India, with net revenues of EUR 130 million in 2022.
FinSMEs
11/07/2023