Crypto-friendly bank solarisBank completed C round of financing of USD 67.5 million, with a post-investment valuation of USD 360 million

German fintech company and crypto-friendly bank solarisBank completed USD 67.5 million in Series C financing, with a post-investment valuation of USD 360 million. This round of financing was led by HV Holtzbrinck Ventures, a blockchain venture capital fund. Existing investor yabeo promised to make a large number of follow-up investments. Other new investors include Vulcan Capital, Samsung Catalyst Fund and Storm Ventures. Existing investors Spanish Foreign Bank (BBVA), SBI Group, ABN AMRO Ventures, Global Brain, Hegus and Lakestar participated again. SolarisBank currently has no direct consumer products, and mainly provides API services for financial companies, including encryption startups Bison and Bitwala, trading application Trade Republic and other companies. SolarisBank hopes to help its customers avoid the process of applying for a bank license and meet the needs of emerging digital enterprises through a specially designed modular platform.