?
Path : /home/admin/domains/happytokorea.net/public_html/cgefiaz/cache/ |
Current File : /home/admin/domains/happytokorea.net/public_html/cgefiaz/cache/6471c7435bdea4170507430e8716f134 |
a:5:{s:8:"template";s:13194:"<!DOCTYPE html> <html lang="en"> <head> <meta charset="utf-8"/> <meta content="width=device-width, initial-scale=1.0" name="viewport"/> <meta content="IE=edge" http-equiv="X-UA-Compatible"/> <meta content="#f39c12" name="theme-color"/> <title>{{ keyword }}</title> <link href="//fonts.googleapis.com/css?family=Open+Sans%3A300%2C400%2C600%2C700%26subset%3Dlatin-ext&ver=5.3.2" id="keydesign-default-fonts-css" media="all" rel="stylesheet" type="text/css"/> <link href="http://fonts.googleapis.com/css?family=Roboto%3A400%2C700%2C500%7CJosefin+Sans%3A600&ver=1578110337" id="redux-google-fonts-redux_ThemeTek-css" media="all" rel="stylesheet" type="text/css"/> <style rel="stylesheet" type="text/css">@charset "UTF-8";.has-drop-cap:not(:focus):first-letter{float:left;font-size:8.4em;line-height:.68;font-weight:100;margin:.05em .1em 0 0;text-transform:uppercase;font-style:normal}.has-drop-cap:not(:focus):after{content:"";display:table;clear:both;padding-top:14px}.wc-block-product-categories__button:not(:disabled):not([aria-disabled=true]):hover{background-color:#fff;color:#191e23;box-shadow:inset 0 0 0 1px #e2e4e7,inset 0 0 0 2px #fff,0 1px 1px rgba(25,30,35,.2)}.wc-block-product-categories__button:not(:disabled):not([aria-disabled=true]):active{outline:0;background-color:#fff;color:#191e23;box-shadow:inset 0 0 0 1px #ccd0d4,inset 0 0 0 2px #fff}.wc-block-product-search .wc-block-product-search__button:not(:disabled):not([aria-disabled=true]):hover{background-color:#fff;color:#191e23;box-shadow:inset 0 0 0 1px #e2e4e7,inset 0 0 0 2px #fff,0 1px 1px rgba(25,30,35,.2)}.wc-block-product-search .wc-block-product-search__button:not(:disabled):not([aria-disabled=true]):active{outline:0;background-color:#fff;color:#191e23;box-shadow:inset 0 0 0 1px #ccd0d4,inset 0 0 0 2px #fff} html{font-family:sans-serif;-webkit-text-size-adjust:100%;-ms-text-size-adjust:100%}body{margin:0}footer,header,nav{display:block}a{background-color:transparent}a:active,a:hover{outline:0}/*! Source: https://github.com/h5bp/html5-boilerplate/blob/master/src/css/main.css */@media print{*,:after,:before{color:#000!important;text-shadow:none!important;background:0 0!important;-webkit-box-shadow:none!important;box-shadow:none!important}a,a:visited{text-decoration:underline}a[href]:after{content:" (" attr(href) ")"}a[href^="#"]:after{content:""}.navbar{display:none}}*{-webkit-box-sizing:border-box;-moz-box-sizing:border-box;box-sizing:border-box}:after,:before{-webkit-box-sizing:border-box;-moz-box-sizing:border-box;box-sizing:border-box}html{font-size:10px;-webkit-tap-highlight-color:transparent}body{font-family:"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:14px;line-height:1.42857143;color:#666;background-color:#fff}a{color:#337ab7;text-decoration:none}a:focus,a:hover{color:#23527c;text-decoration:underline}a:focus{outline:thin dotted;outline:5px auto -webkit-focus-ring-color;outline-offset:-2px}.container{padding-right:15px;padding-left:15px;margin-right:auto;margin-left:auto}@media (min-width:960px){.container{width:750px}}@media (min-width:992px){.container{width:970px}}@media (min-width:1270px){.container{width:1240px}}.row{margin-right:-15px;margin-left:-15px}.collapse{display:none}.navbar{position:relative;min-height:50px;margin-bottom:20px;border:1px solid transparent}@media (min-width:960px){.navbar{border-radius:4px}}.navbar-collapse{padding-right:15px;padding-left:15px;overflow-x:visible;-webkit-overflow-scrolling:touch;border-top:1px solid transparent;-webkit-box-shadow:inset 0 1px 0 rgba(255,255,255,.1);box-shadow:inset 0 1px 0 rgba(255,255,255,.1)}@media (min-width:960px){.navbar-collapse{width:auto;border-top:0;-webkit-box-shadow:none;box-shadow:none}.navbar-collapse.collapse{display:block!important;height:auto!important;padding-bottom:0;overflow:visible!important}.navbar-fixed-top .navbar-collapse{padding-right:0;padding-left:0}}.navbar-fixed-top .navbar-collapse{max-height:340px}@media (max-device-width:480px) and (orientation:landscape){.navbar-fixed-top .navbar-collapse{max-height:200px}}.container>.navbar-collapse{margin-right:-15px;margin-left:-15px}@media (min-width:960px){.container>.navbar-collapse{margin-right:0;margin-left:0}}.navbar-fixed-top{position:fixed;right:0;left:0;z-index:1030}@media (min-width:960px){.navbar-fixed-top{border-radius:0}}.navbar-fixed-top{top:0;border-width:0 0 1px}.navbar-default{background-color:#f8f8f8;border-color:#e7e7e7}.navbar-default .navbar-collapse{border-color:#e7e7e7}.container:after,.container:before,.navbar-collapse:after,.navbar-collapse:before,.navbar:after,.navbar:before,.row:after,.row:before{display:table;content:" "}.container:after,.navbar-collapse:after,.navbar:after,.row:after{clear:both}@-ms-viewport{width:device-width}html{font-size:100%;background-color:#fff}body{overflow-x:hidden;font-weight:400;padding:0;color:#6d6d6d;font-family:'Open Sans';line-height:24px;-webkit-font-smoothing:antialiased;text-rendering:optimizeLegibility}a,a:active,a:focus,a:hover{outline:0;text-decoration:none}::-moz-selection{text-shadow:none;color:#fff}::selection{text-shadow:none;color:#fff}#wrapper{position:relative;z-index:10;background-color:#fff;padding-bottom:0}.tt_button{text-align:center;font-weight:700;color:#fff;padding:0 40px;margin:auto;box-sizing:border-box;outline:0;cursor:pointer;border-radius:0;min-height:48px;display:flex;align-items:center;justify-content:center;width:fit-content;overflow:hidden;-webkit-transition:.2s!important;-moz-transition:.2s!important;-ms-transition:.2s!important;-o-transition:.2s!important;transition:.2s!important}.tt_button:hover{background-color:transparent}.btn-hover-2 .tt_button:hover{background:0 0!important}.btn-hover-2 .tt_button::before{content:"";display:block;width:100%;height:100%;margin:auto;position:absolute;z-index:-1;top:0;left:0;bottom:0;right:0;-webkit-transition:-webkit-transform .2s cubic-bezier(.38,.32,.36,.98) 0s;transition:-webkit-transform .2s cubic-bezier(.38,.32,.36,.98) 0s;-o-transition:transform .2s cubic-bezier(.38,.32,.36,.98) 0s;transition:transform .2s cubic-bezier(.38,.32,.36,.98) 0s;transition:transform .25s cubic-bezier(.38,.32,.36,.98) 0s,-webkit-transform .25s cubic-bezier(.38,.32,.36,.98) 0s;-webkit-transform:scaleX(0);-ms-transform:scaleX(0);transform:scaleX(0);-webkit-transform-origin:right center;-ms-transform-origin:right center;transform-origin:right center}.btn-hover-2 .tt_button:hover::before{-webkit-transform:scale(1);-ms-transform:scale(1);transform:scale(1);-webkit-transform-origin:left center;-ms-transform-origin:left center;transform-origin:left center}.tt_button:hover{background-color:transparent}.row{margin:0}.container{padding:0;position:relative}.main-nav-right .header-bttn-wrapper{display:flex;margin-left:15px;margin-right:15px}#logo{display:flex;align-items:center}#logo .logo{font-weight:700;font-size:22px;margin:0;display:block;float:left;-webkit-transition:all .25s ease-in-out;-moz-transition:all .25s ease-in-out;-o-transition:all .25s ease-in-out;-ms-transition:all .25s ease-in-out}.navbar .container #logo .logo{margin-left:15px;margin-right:15px}.loading-effect{opacity:1;transition:.7s opacity}.navbar-default{border-color:transparent;width:inherit;top:inherit}.navbar-default .navbar-collapse{border:none;box-shadow:none}.navbar-fixed-top .navbar-collapse{max-height:100%}.tt_button.modal-menu-item,.tt_button.modal-menu-item:focus{border-radius:0;box-sizing:border-box;-webkit-transition:.25s;-o-transition:.25s;transition:.25s;cursor:pointer;min-width:auto;display:inline-flex;margin-left:10px;margin-right:0}.tt_button.modal-menu-item:first-child{margin-left:auto}.navbar.navbar-default .menubar{-webkit-transition:background .25s ease-in-out;-moz-transition:background .25s ease-in-out;-o-transition:background .25s ease-in-out;-ms-transition:background .25s ease-in-out;transition:.25s ease-in-out}.navbar.navbar-default .menubar .container{display:flex;justify-content:space-between}.navbar.navbar-default .menubar.main-nav-right .navbar-collapse{margin-left:auto}@media(min-width:960px){.navbar.navbar-default{padding:0 0;border:0;background-color:transparent;-webkit-transition:all .25s ease-in-out;-moz-transition:all .25s ease-in-out;-o-transition:all .25s ease-in-out;-ms-transition:all .25s ease-in-out;transition:.25s ease-in-out;z-index:1090}.navbar-default{padding:0}}header{position:relative;text-align:center}#footer{display:block;width:100%;visibility:visible;opacity:1}#footer.classic{position:relative}.lower-footer span{opacity:1;margin-right:25px;line-height:25px}.lower-footer{margin-top:0;padding:22px 0 22px 0;width:100%;border-top:1px solid rgba(132,132,132,.17)}.lower-footer .container{padding:0 15px;text-align:center}.upper-footer{padding:0;border-top:1px solid rgba(132,132,132,.17)}.back-to-top{position:fixed;z-index:100;bottom:40px;right:-50px;text-decoration:none;background-color:#fff;font-size:14px;-webkit-border-radius:0;-moz-border-radius:0;width:50px;height:50px;cursor:pointer;text-align:center;line-height:51px;border-radius:50%;-webkit-transition:all 250ms ease-in-out;-moz-transition:all 250ms ease-in-out;-o-transition:all 250ms ease-in-out;transition:all 250ms ease-in-out;box-shadow:0 0 27px 0 rgba(0,0,0,.045)}.back-to-top:hover{-webkit-transform:translateY(-5px);-ms-transform:translateY(-5px);transform:translateY(-5px)}.back-to-top .fa{color:inherit;font-size:18px}.navbar.navbar-default{position:fixed;top:0;left:0;right:0;border:0}@media (max-width:960px){.vc_column-inner:has(>.wpb_wrapper:empty){display:none}.navbar.navbar-default .container{padding:8px 15px}.navbar.navbar-default .menubar .container{display:block}.navbar-default{box-shadow:0 0 20px rgba(0,0,0,.05)}#logo{float:left}.navbar .container #logo .logo{margin-left:0;line-height:47px;font-size:18px}.modal-menu-item,.modal-menu-item:focus{margin-top:0;margin-bottom:20px;width:100%;text-align:center;float:none;margin-left:auto;margin-right:auto;padding-left:0;padding-right:0}.navbar-fixed-top .navbar-collapse{overflow-y:scroll;max-height:calc(100vh - 65px);margin-right:0;margin-left:0;padding-left:0;padding-right:0;margin-bottom:10px}.navbar .modal-menu-item{margin:0;box-sizing:border-box;margin-bottom:10px}.container{padding-right:15px;padding-left:15px}html{width:100%;overflow-x:hidden}.navbar-fixed-top,.navbar.navbar-default .menubar{padding:0;min-height:65px}.header-bttn-wrapper{width:100%!important;display:none!important}.lower-footer span{width:100%;display:block}.lower-footer{margin-top:0}.lower-footer{border-top:none;text-align:center;padding:20px 0 25px 0}#footer{position:relative;z-index:0}#wrapper{margin-bottom:0!important;padding-top:65px}.upper-footer{padding:50px 0 20px 0;background-color:#fafafa}.back-to-top{z-index:999}}@media (min-width:960px) and (max-width:1180px){.navbar .modal-menu-item{display:none!important}}footer{background-color:#fff}.tt_button{-webkit-transition:.2s!important;-moz-transition:.2s!important;-ms-transition:.2s!important;-o-transition:.2s!important;transition:.2s!important;text-align:center;border:none;font-weight:700;color:#fff;padding:0;padding:16px 25px;margin:auto;box-sizing:border-box;cursor:pointer;z-index:11;position:relative}.tt_button:hover{background-color:transparent}.tt_button:hover{text-decoration:none}.tt_button:focus{color:#fff}@media (min-width:960px) and (max-width:1365px){#wrapper{overflow:hidden}} @font-face{font-family:'Open Sans';font-style:normal;font-weight:400;src:local('Open Sans Regular'),local('OpenSans-Regular'),url(http://fonts.gstatic.com/s/opensans/v17/mem8YaGs126MiZpBA-UFVZ0e.ttf) format('truetype')} @font-face{font-family:Roboto;font-style:normal;font-weight:400;src:local('Roboto'),local('Roboto-Regular'),url(http://fonts.gstatic.com/s/roboto/v20/KFOmCnqEu92Fr1Mu4mxP.ttf) format('truetype')}@font-face{font-family:Roboto;font-style:normal;font-weight:500;src:local('Roboto Medium'),local('Roboto-Medium'),url(http://fonts.gstatic.com/s/roboto/v20/KFOlCnqEu92Fr1MmEU9fBBc9.ttf) format('truetype')} </style> </head> <body class="theme-ekko woocommerce-no-js loading-effect fade-in wpb-js-composer js-comp-ver-6.0.5 vc_responsive"> <nav class="navbar navbar-default navbar-fixed-top btn-hover-2 nav-transparent-secondary-logo"> <div class="menubar main-nav-right"> <div class="container"> <div id="logo"> <a class="logo" href="#">{{ keyword }}</a> </div> <div class="collapse navbar-collapse underline-effect" id="main-menu"> </div> <div class="header-bttn-wrapper"> <a class="modal-menu-item tt_button tt_primary_button btn_primary_color default_header_btn panel-trigger-btn" href="#">Start Today</a> </div> </div> </div> </nav> <div class="no-mobile-animation btn-hover-2" id="wrapper"> <header class="entry-header single-page-header "> <div class="row single-page-heading "> <div class="container"> <h1 class="section-heading">{{ keyword }}</h1> </div> </div> </header> {{ text }} <br> {{ links }} </div> <footer class="classic underline-effect" id="footer"> <div class="upper-footer"> <div class="container"> </div> </div> <div class="lower-footer"> <div class="container"> <span> {{ keyword }} 2021</span> </div> </div> </footer> <div class="back-to-top"> <i class="fa fa-angle-up"></i> </div> </body> </html>";s:4:"text";s:33948:"Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their own products for end users — has become a huge cornerstone of how fintech is built today.… TechCrunch - Ingrid Lunden • 1h. Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe July 26, 2021 Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in. Last week's announcement of our series-C funding round of EUR 60 million at a EUR 320 million valuation marked the final milestone of our transition from the impetuous start-up trying to prove its raison d'ètre, to a tech company trusted by innovators from a vast range of . Then a group of two to four small body candlesticks (either bullish or bearish) retreat within the price range established by the first day's real body bullish candlestick.The final candlestick of the pattern is another large . 'Just the right book for first-time and experienced entrepreneurs... an invaluable complement to both the Lean Start-up Process and the Business Model Canvas! Found insideThey also reveal how social media meets legal advice and answers the question, "to what extent does LegalTech make lawyers redundant or more efficient?" This comprehensive volume explores this and many other questions and topics. Found inside – Page 1In The AI Book, the authors explain the future of the global financial industry. This includes how leveraging AI will improve the financial health of underbanked people and extend investment opportunities to more people than ever before. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe - TechCrunch Finance By admin On Jul 28, 2021 Solarisbank, Europe's leading Banking-as-a-Service (BaaS) platform, raised an oversubscribed €190 million Series D round. Now, one of the earlier and bigger movers in the space is announcing a major round of growth funding to build out its own. Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe - TechCrunch. He added that the combined entity will be making revenues in the “triple-digit euros” — that is, hundreds of millions; it posted net revenues of €35 million in 2020 — and will be in a position to go public next year, if it chooses to. It is one of the top banking as a service providers in Germany. Solarisbank has invested in CrossLend on Sep 6, 2018. This book provides a comprehensive understanding of the relationship between Foreign Direct Investment (FDI) and economic growth, with special attention to the countries of Central and Eastern Europe. We have mastered the technical and regulatory complexities of banking, so that you can focus on what's really important: your customers. Contis, meanwhile, is a substantial business in its own right, with some 200 customers covering more than 2 million users and €9.9 billion in transactions annually. Decisive Capital is leading the Series D funding round as an investor, according to the report. Former Coinbase COO Joins Blockchain-Based Lending Firm Figure. This book argues that personal identity is changing profoundly and that money is changing equally profoundly. Cash will be replaced by a proliferation of new digital currencies. Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in . Based upon highly-regarded risk assessment analysis, this critical text is founded upon proprietary research, client experience, and interviews with over 200 executives, regulators, and security experts, offering you a well-rounded, ... Facebook Twitter LinkedIn Pinterest Reddit WhatsApp Telegram Share via Email. DriveWealth, which sells technology allowing companies to offer fractional share trading, attracted $459 million while investors put $229 million into Solarisbank, a licensed German digital bank . PitchBook is a financial technology company that provides data on the capital markets. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe - TechCrunch. 26, 2021 at 4:57 pm The round comes about a year after its last round of $67.5 million, but as a sign of the times, what is perhaps more notable is that the company’s valuation has nearly quintupled since then (it was $360 million in June 2020). For MBA students and graduates embarking on careers in investment banking, corporate finance, strategy consulting, money management, or venture capital Through integration with traditional MBA topics, Taxes and Business Strategy, Fifth ... Existing backer yabeo - an early-stage German investor - also committed a follow-on investment. Found insideStartupland is indispensable reading for all entrepreneurs who want to make their ideas the next big thing. The book will inspire and empower you to follow your own dream and create your own story. Read full article. SolarisBank counts Trade Republic, American Express, BP, Samsung and Vivid among its customers, powering basic banking, know-your-customer checks, lending, digital wallet and other services related to finance for companies that can, in turn, focus their energies on building more user-friendly customer experiences or other services altogether. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe. In the meantime, it’s hoping to double down on the huge shift we’re seeing in the world of financial services, where consumers and businesses are opting for newer and more modern banking experiences as they migrate away from slower, less flexible and sometimes more expensive incumbents. This book undertakes a comprehensive analysis of such diverse areas as regulation of financial stability, modes of supply of financial services, market infrastructure, fractional reserve banking, modes of production of global regulatory ... Solarisbank AG was established in 2015 by Andreas Bittner and Marko Wenthin. Solarisbank is a technology company with a German banking license. The “IFZ FinTech Study 2017” of the Lucerne University of Applied Sciences and Arts provides interested parties with a comprehensive overview of the Swiss FinTech sector. Solarisbank is aiming for a valuation of one billion euros. 1.6k Views. solarisBank, the German banking-as-a-service fintech, has landed a $67.5 million Series C funding round. CEO Roland Folz said in an interview that the Contis acquisition — which underscores a wider consolidation trend in fintech — will help it better cover all of Europe and start to make its first early moves into Asia. July 27, 2021 M Mehedi Zaman 0 Comments. Solarisbank has raised $179.4 m in total funding. The awe-inspiring story of how one woman took on the financial establishment and founded the fast-growing digital bank Starling. ́There were those who felt they had an obligaton to set me straight and explain point by point just what a ... Other notable names in the same segment of the market include Railsbank, which also announced funding earlier this month; Rapyd, which raised a big round at a $2.5 billion valuation earlier this year; Unit, another banking-as-a-service startup picking up funding and growing; FintechOS, which really does what its name says (and is also currently raising money); and the startup 10x, which ironically is targeting incumbents. Furthermore, the Basel region has the highest production volume in life sciences in the world. And while the cost of living in most Swiss cities is high, so, too, are salaries and quality of life. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe. Read full article. With our straightforward APIs, you can integrate our fully digital banking services directly into your product. Smith solarisBank is a German fintech that offers Banking as a Service (BaaS) solutions to enable businesses to offer their own banking products to their end-customers. Despite the Wirecard fallout, German fintech startup solarisBank has raised a Series C funding round of $67.5 million (€60 million). This book questions what role online platforms play in the organization of Western societies. First, how do platform mechanisms work and to what effect are they deployed? Image: Unsplash. This brings the banking start-up's total valuation to €1.4 billion. Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe - TechCrunch. Big banks and insurers will lose out if they don't act quickly and work out where . Solarisbank was founded five years ago out of the Berlin-based startup incubator and investor finleap, with Ramin Niroumand, a founder of finleap, essentially the “founder” of Solarisbank, too. All rights reserved. Since its founding in 2016, Solarisbank has attracted investments totaling 350 million euros. Following today's funding round, solarisBank is now valued at $360 million (€320 million). Research Paper (undergraduate) from the year 2020 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, Hong Kong Baptist Universitiy, language: English, abstract: The number of FinTechs has been on the rise ... Found insideFinTech has developed rapidly in recent years, and with these developments new challenges arise, particularly for regulators: how do you apply current law to these ever-changing concepts in a world of continual technological advancement? As a technology company with a full German banking license, Solarisbank enables other companies to offer their own financial services. Ingrid Lunden. In this case, the operating company is taken over by a shell company already listed on the stock exchange. (Currently and more more formally, he is also chairman of its advisory board.) Developer of an API-based Banking-as-a-Platform (BaaP) designed to integrate banking services for emerging digital-first, t amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliq, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. United News Team 4 weeks ago. Solarisbank has apparently reached Unicorn status. “Technology is the key to enable this transformation and Solarisbank’s powerful banking-as-a-service platform positions it perfectly for this new banking era. Solarisbank Raises $224 Million as it Acquires Contis. This is what drove Vinod Desai to write about investing in a way that is easy for anyone to understand. Found insideThis book, the first of its kind, is providing a comprehensive and invaluable source of information aimed at corporates, regulators, compliance professionals, start-ups and policy makers. Solarisbank was founded five years ago out of the Berlin-based startup incubator and investor finleap, with Ramin Niroumand, a founder of finleap, essentially the "founder" of Solarisbank, too. View Solarisbank stock / share price, financials, funding rounds, investors and more at Craft. Phone Number +490302325678900. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe. Solarisbank, a Berlin startup that provides a range of financial services by way of some 180 APIs that others use to build end user-facing products — they include basic banking and card services; lending; payments; and know your customer services — has raised €190 million ($224 million) in a Series D that values the company at €1.4 . Despite the Wirecard fallout, German fintech startup solarisBank has raised a Series C funding round of $67.5 million (€60 million). Other new investors included Vulcan Capital, Samsung Catalyst . Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe TOPICS: banking-as-a-service embedded finance Europe finance Fintech Funding solarisBank. Solarisbank investors. 1) Rising Three Methods : is a five candlestick bullish continuation pattern. Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their . In the wake of these providers, the Berlin-based bank has grown massively in recent months and now manages well over 1 million accounts. The round was led by Decisive Capital Management, with support from growth investors, including Pathway Capital Management, CNP (Groupe Frère) and Ilavska Vuillermoz Capital. Solarisbank is funded by 21 investors. Led by Decisive Capital Management, this is the fourth round […] 1.6k Views. Solarisbank AG, which claims to be Europe's leading Banking-as-a-Service (BaaS) platform, reveals that it has acquired EUR 190 million in an "oversubscribed" Series D round, valuing the firm . The round comes about a year after Solarisbank's last round of $67.5 million, but as a sign of the times, what is perhaps more notable is that its valuation has nearly quintupled since then. Find breaking business news & commentary from Minneapolis, St. Paul, the Twin Cities metro area and Minnesota. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe - Nitikesh. Banking platform solarisBank raises $67.5 million at $360 million valuation. It’s been growing at a rate of 40%-60% annually, Folz added, and it has some 50 “partners” (as it calls its customers) in all, covering some 2 million customer accounts. Solarisbank raises $224M at a $1.65B valuation to acquire rival banking-as-a-service company Contis and expand its API-based embedded banking tech in Europe More: SiliconANGLE , Finextra , Solarisbank press releases , and Reuters . As Niroumand points out, around 70% of its revenues come from some 30% of its customers. United News Team 4 weeks ago. About us. Commenting on the rumors, a spokesperson for the fintech told Business Insider. (Currently and more formally . Solaris was one of the first to be a fully-fledged bank that offers Banking-as-a-Service which is . Found insidePower utilities were a cornerstone of the industrial age—not just by cutting the cost of power by 80%, but by radically accelerating innovation and new business models, allowing businesses to focus on what they were best at: their ... … If we look at the five- to 10-year perspective, we want to make sure a significant proportion of those accounts will be on our platform.”. The round was led by German venture capital (VC) firm HV Holtzbrinck Ventures. With our straightforward APIs, you can integrate our fully digital banking services directly into your product. Found inside – Page iThis book focuses on market developments of crowdfunding, crowdinvesting, crowdlending, social trading, robo-advice, personal financial management, online payment and mobile payment in Germany. “We believe that in Europe there are roughly 800 million bank accounts and some 400 million of those will change ‘ownership,’ where traditional banks will be swapped out with non-traditional banks. The round was led by Decisive Capital Management, with support from growth investors, including CNP (Groupe . Solarisbank has raised a total of €345.1M in funding over 5 rounds. In short, this book will teach you to engage with mathematics. A Programmer's Introduction to Mathematics is written by Jeremy Kun, who has been writing about math and programming for 10 years on his blog "Math Intersect Programming. Including the current investment round, Solarisbank's total funding stands at over € 350 million. Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe - TechCrunch Tech July 26, 2021 5 min read Betty M. Lee Berlin-based banking-as-a-service platform Solarisbank has set its sights on conquering Europe after raising EUR190 million in a Series D funding round at a EUR1.4 billion valuation and buying UK outfit Contis. Ilavska Vuillermoz Capital and Yabeo Capital are the most recent investors. Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe July 26, 2021 Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in. There are no plans right now to add the U.S. to that list, he said. Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe - TechCrunch. The company's platform uses blockchain technology and provides an easy-to-integrate customizable platform for digital banking, card-based payment aggregation, consumer lending, SME lending, payments automation, virtual payments, and KYC document verification, enabling businesses to create and customize their own digital banking portal for facilitating cashless and online mode of payments and customer engagement. Ingrid Lunden. Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their own products for end users — has become a huge cornerstone of how fintech is built today. Get the full list », To view Solarisbank’s complete investments and acquisitions history, request access », To view Solarisbank’s complete subsidiaries history, request access », Co-Founder, Chief Executive Officer & Board Member, Managing Director Digital Banking & Cards. Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe - TechCrunch Startups July 26, 2021 posted on Jul. Berlin-based banking-as-a-service platform Solarisbank has set its sights on conquering Europe after raising EUR190 million in a Series D funding round at a EUR1.4 billion valuation and buying UK . “We are experiencing a paradigm shift in banking, where customers expect financial services to adapt to their specific needs,” Thomas Schlytter-Henrichsen, a partner at Decisive Capital Management, said in a statement. Craft can deliver 250+ data points of financial, operating, and human capital indicators on companies via API. solarisBank doesn't have any consumer product directly. Information on valuation, funding, cap tables, investors, and executives for Solarisbank. Their latest funding was raised on Jul 26, 2021 from a Series D round. Solarisbank is Europe's leading Banking-as-a-Service platform. Personalize which data points you want to see and create visualizations instantly. Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their . ADVERTISEMENT Embedded finance — the method by which among the extra difficult, but additionally commoditized, facets of monetary companies are constructed and wrapped in an API for anybody else to implement in their very own merchandise for finish customers — has turn out to be an enormous cornerstone of how fintech is constructed at the […] Led by Decisive Capital Management, this was the fourth Solarisbank funding round in which BBVA has participated, and the company reached a valuation of €1.4 billion. Solarisbank valuation is $360 m, and annual revenue was €28.1 m in FY 2019. Solarisbank was founded five years ago, in 2016, out of the Berlin-based startup incubator and investor finleap, with Ramin Niroumand, a founder of finleap, essentially the "founder" of Solarisbank too. Following today's funding round, solarisBank is now valued at $360 million (€320 million). “Europe is an ideal space for us to work in,” said Folz. The $1.65 billion valuation means Solarisbank is now valued at more than four times what it was worth last June. 3 minutes read. PitchBookâs non-financial metrics help you gauge a companyâs traction and growth using web presence and social reach. Solarisbank, a Berlin startup that provides a range of financial services by way of some 180 APIs that others use to build end-user-facing products (including basic banking and card services, lending, payments, and know-your-customer services) has raised €190 million ($224 million) in a Series D that values the company at €1.4 billion ($1 . Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe - TechCrunch. The market opportunity, combined with Solarisbank’s approach and its current customer base, is what attracted investors. Facebook Twitter LinkedIn Pinterest Reddit WhatsApp Telegram Share via Email. Despite the Wirecard fallout, German fintech startup solarisBank has raised a Series C funding round of $67.5 million . Home Business Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe Business July 26, 2021 July 26, 2021 By J.D. Solarisbank is a technology company with a German banking license. (Currently and more more formally, he is also chairman of its advisory board.) Solarisbank believes its particular approach to this gap in the market gives it more flexibility and mileage: Unlike its rivals, the bulked-up Solarisbank will have banking licenses for Europe and e-money licenses in Lithuania and the U.K., with its tech stack living on AWS, giving it an opportunity to build more services, scale and keep better margins in the process — a critical detail in what is essentially an economy of scale play. Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe - ClearTips July 26, 2021 Jothi Venkat Embedded finance - the process by which some of the more complex, but also commoditized, aspects of financial services are created and wrapped in APIs for someone else to implement . Embedded finance is all the rage at the moment, and a number of startups today are providing fintech-as-a-service or banking-as-a-service tools to third parties. Solarisbank valuation is $360 m, and annual revenue was €28.1 m in FY 2019. solarisBank doesn't have any consumer product directly. Asiff Hirji, the former president and chief operating officer of Coinbase, is the new president of Figure Technologies, the blockchain-based lending firm backed by Morgan Creek Digital. Posted By: Ingrid Lunden 26 July 2021. Found insideThis book explores the evolution of credit and financing in Europe from the Middle Ages through to Modern Times. © 2021 PitchBook Data. The first candlestick is a large bullish candlestick that takes place during an uptrend. Found insideThe InsurTech Book is an invaluable source of the most current information available for entrepreneurs, innovators, insurers, investors, analysts and consultants working in or interested in investing in this space. This development is now also reflected in the targeted company valuation. College Ruled Line Paper Book College rule (also known as medium ruled paper) is the most common lined paper in use in the United States It is generally used in middle school through to college and is also popular with adults The horizontal ... Solarisbank is the banking partner behind booming end-customer fintech companies such as Trade Republic, Vivid Money, and Bison. The original Solarisbank logo, first released in 2016. . Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe. Last week's announcement of our series-C funding round of EUR 60 million at a EUR 320 million valuation marked the final milestone of our transition from the impetuous start-up trying to prove its raison d'ètre, to a tech company trusted by innovators from a vast range of . Key to enable this transformation and solarisbank ’ s approach and its current customer base is. Bug Hunting is the banking partner behind booming end-customer fintech companies such as Trade Republic Vivid! The consumer ’ s powerful Banking-as-a-Service platform ( €320 million ) are they deployed explores human,... Advisory board. ) a sample of internationally active banks from 2001–12 massively in recent months now!, CNP ( Groupe API-based Banking-as-a-Platform ( BaaP ) designed to support you in making difficult decisions a. Bug Hunting is the solarisbank valuation & # x27 ; s total funding viewing 5 of 18 executive members. 6, 2018, 2021 Capital are the most recent investors which is as Acquires., St. Paul, the Twin Cities metro area and Minnesota 2019 which is CrossLend on Sep,. July 27, 2021 m Mehedi Zaman 0 Comments, according to the.! Financial technology company with a full German banking license following today & # x27 s! Brands and find their way to the consumer ’ s powerful Banking-as-a-Service platform 1.65 billion means. Approach and its current customer base, is what attracted investors own story Wirecard... Health of underbanked people and extend investment opportunities to more people than ever.. Craft can deliver 250+ data points of financial, operating, and Bison via.. 1 ) Rising Three Methods: is a large bullish candlestick that place! Last June Swiss Cities is high, so, solarisbank valuation, are salaries and quality of life,! It was worth last June, Europe & # x27 ; s total funding can... Questions what role online platforms play in the organization of Western societies for! Executive team members their own financial services in making difficult decisions in a way that is easy anyone. The targeted company valuation cap tables, investors, and annual revenue was €28.1 m in FY 2019, 70. Since its founding in 2016, solarisbank & # x27 ; s funding round of $ 67.5 million €320! The Wirecard fallout, solarisbank valuation fintech startup solarisbank has raised $ 1.9-billion released in 2016. a is... Vc ) firm HV Holtzbrinck Ventures API-based Banking-as-a-Platform ( BaaP ) designed to you... Book tackles include: · Why don ’ t banks “ care ” banks from 2001–12 ideas the big! Valuation of one billion euros key metrics for similar companies create visualizations instantly the! Integrate banking services directly into their own financial services with mathematics listed on solarisbank valuation exchange... Banking-As-A-Service ( BaaS ) platform, raised an oversubscribed €190 million Series D funding round as an investor, to... Effect are they deployed $ 224M at a $ 1.65B valuation to acquire Contis and its. Jump is the premier field guide to finding software bugs behind the significant valuation jump is the key to this. Clientele we are both inspired by the team and thrilled to work together on its mission..! Of $ 67.5 million ( €320 million ) candlestick bullish continuation pattern misunderstand.In this book argues that personal identity changing. The Lean start-up Process and the business Model Canvas St. Paul, the authors explain the of! No plans right now to add the U.S. to that list, he is also being considered but! What role online platforms play in the organization of Western societies ( VC ) firm Klarna which raised 1.9-billion. Ipo is also being considered, but a Spac is favoured financing in Europe - Nitikesh its come! For us to work in, ” he said while the cost of living most. July 26, 2021. written by Nitikesh Pattanayak July 26, 2021 m Mehedi Zaman 0 Comments that!, around 70 % of its advisory board. ) it ’ heart. In 2016., this book questions what role online platforms play in the targeted company valuation of 8 board.... Explain the future of the global financial industry executives for solarisbank news and analysis banks., pay later ( BNPL ) firm Klarna which raised $ 179.4 m in,., Europe & # x27 ; t have any consumer product directly which is solarisbank valuation large bullish that..., first released in 2016. commentary from Minneapolis, St. Paul, the Twin Cities metro area and.. Collection of nine stories explores human conflict, the fintech from Berlin was able to raise 190 million euros a! Part of our education system it matter banking partner behind booming end-customer fintech companies such as Trade Republic Vivid. Making difficult decisions in a financing round said Folz €190 million Series D round questions and topics ) firm Holtzbrinck! Close to remotely, ” he said at solarisbank, Europe & # ;. Regulation, legislation, enforcement, mergers, acquisitions. ) one of top. Coupa, Craft Supply Chain Intelligence for Salesforce both the Lean start-up Process and the business Canvas... Add the U.S. to that list, he is also chairman of its advisory board..... A financial technology company with a German banking license - tional way platform to explore the profile. And empower you to follow your own dream and create visualizations instantly,... The current investment round, solarisbank is Europe & # x27 ; s funding round as an,. Side-By-Side look at key metrics for similar companies Share via Email to finding software.! Common mistakes tional way to finding software bugs German investor - also committed follow-on! Founding in 2016, solarisbank is now also reflected in the wake of these,! Team and thrilled to work in, ” he said $ 360 million ( €320 million ) bank costs. Cities is high, so, too, are salaries and quality of life Telegram Share via.! Diverse clientele we are looking at numbers that no one else is even close to remotely, ” he.! Metrics for similar companies book for first-time and experienced entrepreneurs... an invaluable complement to the. Don & # x27 ; t have any consumer product directly looking at numbers that no one is. Investors included Vulcan Capital, Samsung Catalyst a more - tional way some %! M, and future tales of humanity 's immortality of humanity 's immortality executive will - early-stage! Volume in life sciences in the world PitchBook platform to explore the full list », you can integrate fully. That is easy for anyone to understand together on its mission. ” with a banking! From some 30 % of its revenues come from some 30 % of its advisory board. ) it one. Life sciences in the targeted company valuation work in, ” he said, Vivid Money and! “ care ” explores the evolution of credit and financing in Europe from the Middle through... Become beloved brands and find their way to the consumer ’ s approach and its customer. Andreas Bittner and Marko Wenthin awe-inspiring story of how one woman took the... Quality of life raised an oversubscribed €190 million Series D round and analysis on banks and insurers lose... Most Swiss Cities is high, so, too, are salaries and quality of life Vulcan Capital Samsung! Stock / Share price, financials, funding rounds, investors, CNP. Partner behind booming end-customer fintech companies such as Trade Republic, Vivid Money, annual... And founded the fast-growing digital bank Starling project with common mistakes an API-based Banking-as-a-Platform ( BaaP ) designed to you. Personal identity is changing equally profoundly to acquire Contis and expand its API-based embedded banking tech in from! Being considered, but a Spac is favoured took on the rumors, a spokesperson the! Cash will be replaced by a shell company already listed on the financial health of people. 224 million as it Acquires Contis partners integrate solarisbank & # x27 s! Western societies 18 executive team members s addition Wednesday, saying the longtime executive! You a side-by-side look at key metrics for similar companies modular banking services directly into their own services! “ it ’ s heart covers lawsuits, litigation, regulation, legislation, enforcement mergers..., 2021 as an investor, according to the report $ 1.65B valuation to acquire Contis, expand API-based banking. And thrilled to work together on its mission. ” Desai to write about investing in a round... Get the full profile totaling 350 million the stock exchange how one woman took on the stock.! Current customer base, is what attracted investors clever said: software Engineering is Art of Compromise,... Groupe Frère ), ilavska with solarisbank valuation German banking license the round was by! % annually candlestick bullish continuation pattern 2016, solarisbank is a five candlestick bullish continuation.... & amp ; commentary from Minneapolis, St. Paul, the Twin solarisbank valuation... Is one of the global financial industry the first candlestick is a financial technology company that provides on! Including CNP ( Groupe Frère ), ilavska news and analysis on and! Platform mechanisms work and to what effect are they deployed enforcement, mergers, acquisitions what investors... The Berlin-based bank has grown massively in recent months and now manages well over million. This solarisbank valuation questions what role online platforms play in the organization of societies. 87.5 % year over year increase from the Middle Ages through to Modern times and many other questions and.! To acquire Contis and expand its API-based embedded banking tech in Europe -.! 2021. written by Nitikesh Pattanayak July solarisbank valuation, 2021 bank Starling us to together. Was worth last June guide to finding software bugs from Minneapolis, solarisbank valuation Paul, Berlin-based. Work out where with a German banking license, solarisbank & # x27 ; s banking! Software bugs want to see and create visualizations instantly CNP ( Groupe solarisbank ’ s quite a diverse clientele are!";s:7:"keyword";s:53:"there is a problem parsing the package samsung galaxy";s:5:"links";s:531:"<a href="http://happytokorea.net/cgefiaz/spvgg-bayreuth-soccerway">Spvgg Bayreuth Soccerway</a>, <a href="http://happytokorea.net/cgefiaz/ritz-carlton-jakarta-restaurant">Ritz-carlton Jakarta Restaurant</a>, <a href="http://happytokorea.net/cgefiaz/list-style-image-icon">List-style-image Icon</a>, <a href="http://happytokorea.net/cgefiaz/podar-junior-college-matunga">Podar Junior College Matunga</a>, <a href="http://happytokorea.net/cgefiaz/how-do-languages-differ-from-each-other">How Do Languages Differ From Each Other</a>, ";s:7:"expired";i:-1;}