Solaris is a banking-as-a-service platform that enables companies to integrate regulated financial products—such as accounts, cards, payments, and credit—directly into their own offerings under their own brand. The platform provides RESTful APIs, a German full banking license with EU passporting, and handles compliance, fraud monitoring, and regulatory reporting. This allows businesses from startups to multinationals to launch banking features quickly and scale across Europe without building their own banking infrastructure.
Funding
Funding not disclosed
Founders
Product
Problem
Companies that want to offer financial products to their customers face significant barriers, including the need for a banking license, complex regulatory compliance, and the high cost of building banking infrastructure from scratch. This prevents many businesses from integrating banking services into their existing platforms and limits their ability to enhance customer engagement and retention.
Solution
Solaris provides a comprehensive banking-as-a-service platform that enables any company to offer regulated financial products under its own brand. The platform includes RESTful APIs for accounts, cards, payments, and credit, all built on a cloud-based infrastructure designed for scalability and international expansion. Solaris holds a German full banking license with EU passporting, allowing partners to operate across the European Economic Area while Solaris manages all regulatory obligations, compliance, and fraud monitoring. This lets businesses focus on product development and customer experience while Solaris handles the complex banking operations.
Target Audience
Primary customers are software providers, mobility companies, travel businesses, and wealth management firms that want to integrate banking products into their platforms, ranging from startups to multinational corporations.
Features
- RESTful APIs with over 400 endpoints for accounts, payments, cards, and credit services
- Five account types including current accounts, savings accounts, wallets, multi-accounts, and sub-accounts with local and virtual IBANs across Germany, France, Spain, and Italy
- Card issuance for Visa and Mastercard in physical, virtual, or tokenized form, supporting prepaid, debit, and credit variants with customizable branding and materials
- SEPA Credit Transfer, SEPA Direct Debit, and SEPA Instant payments across 38 countries with Verification of Payee for fraud reduction
- AI-powered 24/7 fraud monitoring with real-time transaction pattern detection and 3D Secure authentication
- Cloud-based data mesh architecture for real-time customer data management and regulatory compliance
- EU-compliant digital identity verification for streamlined onboarding and AML compliance
- Overdraft facilities and installment payment options for flexible credit offerings