Solarisbank is an embedded finance platform that provides Banking-as-a-Service through RESTful APIs, allowing companies to integrate digital banking, payment, and lending services directly into their products. By managing regulatory complexities and offering a full banking license, Solarisbank enables businesses to enhance customer loyalty and streamline financial service offerings without the need for extensive financial infrastructure.
Funding
Funding not disclosed
Founders
Product
Problem
Many companies struggle to integrate financial services into their products due to regulatory complexities and the need for specialized infrastructure. This often prevents them from offering enhanced customer experiences and new revenue streams.
Solution
Solaris provides a Banking-as-a-Service (BaaS) platform that allows businesses to embed financial services directly into their offerings via RESTful APIs. The platform handles regulatory compliance and provides a full banking license, enabling companies to offer digital banking, payment, and lending services under their own brand. By abstracting away the complexities of financial infrastructure, Solaris empowers businesses to focus on their core competencies while enhancing customer loyalty and streamlining financial service offerings. The cloud-based platform offers scalability and supports international expansion.
Target Audience
Solaris targets businesses across various industries looking to embed financial services into their products, including fintech companies, retailers, and other customer-centric organizations.
Features
- Digital Banking APIs for building neobanks and offering various account types
- Payment APIs for branded cards and payment flows
- Lending APIs for offering consumer and SME loans, including BNPL options
- Identification APIs for digital KYC and customer onboarding
- RESTful APIs designed for scalability and international expansion
- Cloud-based banking infrastructure
- Data Mesh Architecture for leveraging data in decision-making and regulatory compliance