Berlin – 22. September 2022. Solaris, Europe's leading embedded finance platform, today published its annual report for fiscal year 2021. With net revenues of EUR 101 million, the group reached an important milestone and exceeded the previous year’s target. For 2022, Solaris has set the course towards profitability and strengthening the organization’s resilience.
2021 was an exceptional year in the history of our 6-year-old, young company. Our international expansion and partnership with Contis marked decisive steps in becoming a true European Banking-as-a-Service champion with operations in the largest markets. As this year presents us all with some exciting challenges, we must adapt and accelerate our plans to become profitable. Going forward, we will maintain a sustainable growth trajectory, optimize our partner portfolio, de-risk and adjust our expansion plan.Roland Folz, Group CEO of Solaris
Solaris is Europe’s leading embedded finance platform empowering the future of financial services. The tech company enables businesses to easily provide trusted and innovative financial experiences to their customers. Through smart APIs, partners can embed financial services quickly and compliantly into their own product offerings. Solaris is headquartered in Berlin and employs over 750 people at eight locations in Europe and in India. Combined net revenue in 2021 exceeded 100 million euros, representing growth of over 90 percent year-on-year.