BBVA helped the banking software provider raise series D funding that supported its acquisition of digital banking services provider Contis.
Solarisbank, a Germany-based banking software provider, secured €190m ($224m) yesterday in a series D round backed by financial services firm BBVA at a valuation of $1.6bn.
The round was led by multi-family office Decisive Capital Management, with contributions from Pathway Capital Management, Ilavska Vuillermoz Capital, Yabeo Capital, Vulcan Capital, HV Capital and CNP, a subsidiary of financial holding company Groupe Frère-Bourgeois.
Founded in 2016, Solarisbank provides a software platform that enables businesses to develop and offer their own financial services…
