solarisBank AG products, services and reviews

About solarisBank AG

solarisBank AG, known in the market as Solaris, is a Berlin-based Banking-as-a-Service institution founded in 2016 that operates under a full German banking license supervised by BaFin and the Deutsche Bundesbank. It provides an API-based platform that enables companies to embed regulated services under their own brands, including German IBAN accounts and SEPA payments, card issuing with physical and virtual cards, identity verification and KYC/AML services, and selected lending products. Services are passported across the European Economic Area, and following its combination with Contis, related e-money and card programs are also supported via affiliated e-money institutions in the UK and EU. End customers typically contract with a partner brand while accounts and funds are legally held at Solaris; statutory deposit protection under Germany’s Entschädigungseinrichtung deutscher Banken (EdB) applies up to €100,000 per depositor in total across all Solaris-powered brands combined. Pricing, product features, and customer support are set by partner programs, while Solaris provides the regulated infrastructure, settlement, and compliance backbone and states adherence to PSD2, GDPR, and strong customer authentication requirements. The bank publishes audited annual reports and regulatory disclosures. In recent years, BaFin has issued measures requiring improvements to risk management and capital planning, and Solaris has conducted remediation programs and accepted certain supervisory constraints in specific business lines; partners should monitor official communications for any impact on onboarding or product rollout. The company is venture-backed and operates a B2B model rather than a direct-to-consumer retail franchise. Prospective partners should account for shared responsibilities in AML/KYC and dispute handling, the aggregation of deposit insurance at the bank level rather than by brand, and the operational considerations if a program transitions to another provider. Prospective end users should verify which entity issues their card or holds their funds and the applicable terms, fees, and complaint channels for their specific program.