Solaris

Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs.

Launch date

Mar 2016

Employees

Market cap

Enterprise valuation

$1.6b (Public information from Mar 2024)

Company register number HRB 248259 B (Charlottenburg (Berlin))

Berlin Germany (HQ)

Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Revenues	4.5m	10.0m	9.0m	21.7m	45.4m	130m	150m
% growth	132 %	121 %	(10 %)	141 %	110 %	186 %	15 %

Source: Dealroom estimates

Date	Investors	Amount	Round
-	FJ Labs HEGUS Investments SBI Investment Scope Hanson Fuse Capital Stableton Raiffeisen Investment (Austria) Maria Pennanen Ericsenz Capital CoastCap IONIQ Group Dedicated Venture Capital Visa Ventures FOX Group Global Brain Plug and Play La Maison Partners	N/A	-
Mar 2016	Finleap Yabeo Capital UniCredit	€12.2m	Seed
Mar 2017*	SoftBank Finleap Yabeo Capital Arvato SBI Group Tom Chris	€26.3m	Series A
Mar 2018*	Lakestar BBVA Arvato SBI Group Visa ABN AMRO Ventures	€56.6m	Series B
Jun 2020	HV Capital Cercano Management Yabeo Capital Storm Ventures Samsung Catalyst Fund	€60.0m	Series C
Jul 2021	HV Capital Cercano Management BBVA Yabeo Capital Pathway Capital Management CNP Decisive capital management Ilavska Vuillermoz Capital Decisive Capital Management	€190m Valuation: €1.4b 62.8x EV/LTM Revenues	Late VC
Jun 2022*	N/A	€40.0m Valuation: €1.4b 30.0x EV/LTM Revenues	Late VC
Jul 2023*	HV Capital Lakestar ABN AMRO Finleap Yabeo Capital SBI Group Decisive capital management Decisive Capital Management BBVA	$41.8m Valuation: $1.6b 11.2x EV/LTM Revenues	Series F
Mar 2024*	SBI Group	$104m Valuation: $1.6b	Series F
Total Funding		$570m