Solaris undertakes strategic transformation

Berlin - 27.09.24. Solaris, Europe's leading embedded finance platform is undertaking a strategic transformation, including the implementation of a new target operating model. 


The strategic move will see Solaris roll out a structure that will increase its agility and foster closer integration across functions. Part of this process will also deliver a more streamlined approach to the management structure. 


Unfortunately this reshape will mean cutting back on corresponding roles, resulting in redundancies across the team. 

This transformation marks a pivotal moment in the Solaris journey. While it’s with heartfelt sadness that we are letting some Solarians go, I firmly believe it is necessary to ensure the future success of Solaris. The strategic decisions we are taking to reshape the organization will continue to make the organization more resilient as we tread the path to profitability.  Carsten Holtkemeyer, Solaris CEO

Please read the full detailed business update from Solaris CEO, Carsten Holtkemeyer.


About Solaris

Solaris is Europe's leading embedded finance platform. Solaris’ proprietary modular B2B tech stack empowers its partners – from SMEs to large multinational non-financial companies – to offer unique, customer-centric banking services. Providing seamless experiences to customers across all industries. Founded in 2015, Solaris pioneered the Banking-as-a-Service market with an unparalleled combination of tech and banking.

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