Tag: Solarisbank
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Bafin Puts Solarisbank On An Even Tighter Leash!
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The German fintech Solarisbank is booming and growing, or so it seems. However, so do the fintech’s regulatory issues. Therefore, German regulator BaFin is now reviewing whether the institute is allowed to accept certain new customers.
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German Crypto Bank Nuri Filed For Insolvency!
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Crypto Winter and the Celsius virus officially arrived in Germany. Berlin-based digital bank Nuri (website) filed for insolvency only two months after announcing layoffs. The crypto fintech struggled with the rout in crypto prices and economic uncertainty. Nuri (previously Bitwala) was not able to find fresh funds. In a statement, the…
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Berlin-Based BaaS Provider Solarisbank Becomes Solaris!
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The Berlin-based Banking-as-a-Service provider Solarisbank (website) wants to be perceived primarily as a tech company, not as a classic bank. Consequently, Solarisbank is removing the word “bank” from its name and will thus only be called Solaris. The company intends to change its legal form and become an international SE…