SolarisBank charges to $70m series B

Mar 9, 2018 • Robert Lavine

The round included Visa, BBVA, SBI Group, ABN Amro's Digital Impact Fund and Bertelsmann's Arvato Financial Solutions subsidiary.

Germany-based banking software provider SolarisBank secured €56.6m ($70m) yesterday in a series B round featuring corporate investors Visa, BBVA, ABN Amro, SBI Group and Bertelsmann.

Payment services provider Visa and financial services firms BBVA, ABN Amro and SBI were joined by Bertlemann’s financial services subsidiary, Arvato Financial Solutions, and venture capital firm Lakestar. ABN Amro took part through its Digital Impact Fund.

Founded in March 2016, SolarisBank has built a digital banking platform that can be used by other businesses…

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