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Germany's SolarisBank Offers Special Services To Crypto, Blockchain Firms

solarisbank july9

Germany's Solarisbank is offering special banking services to cryptocurrency trading firms and companies who run their business operations using blockchain technology solutions.

The Berlin-based fintech company, which offers banking as a platform service with its banking license, has announced the launch of its newly featured resource called the "Blockchain Factory."

A key service that Solarisbank offers is the "Blockchain Company Account" for the banking business of blockchain companies.

Additionally, "Automated Trust Account" will be made available for global cryptocurrency marketplaces to make it easier to buy and sell fiat currencies.

SolarisBank said it has made a tie up with vPE Bank to enable institutional trading of cryptocurrencies.

Other services such as digital banking and debit cards for blockchain companies are currently being integrated by other corporate customers. Cryptocurrency wallets and bank accounts come to the customer as a combined service offer.

Set up in March 2016, SolarisBank was one of the first finance technology companies with a full banking license. It has so far raised more than EUR95 million ($112 million) from major investors, including BBVA, Visa, Lakestar, ABN AMRO's Digital Impact Fund, Arvato Financial Solutions, SBI Group and Finleap.

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