Tag: Carsten Hoeltkemeyer

The Berlin-based fintech Solaris closed the fiscal year with net revenues of  €130 million, a growth of 30% compared to the previous year, but a net loss of €56 million, and a 33% increase compared to 2021. Solaris announced the €38 million first close of its Series F round, led by existing investors at a valuation of €1.6 bill

The German financial regulator Bafin is tightening its control of the prominent Berlin-based fintech Solaris. A "permission proviso will apply to the institute in the future with regard to new partnerships," Solaris CEO-designate Carsten Höltkemeyer told the German Handelsblatt. "So we have to get the green light from Bafin before we are allowed to take on new customers." This requirement is exceptional for the German banking sector. Solaris has acquired a reputation for facilitating scam operators.