Kapilendo chooses finleap connect and solarisBank for the further expansion of its services
Berlin, November 29, 2019 – Since November 2019, Kapilendo, the banking platform for small and medium-sized businesses, has been using the technology of finleap connect, the Software-as-a-Service (SaaS) unit of Europe’s leading Fintech ecosystem, as well as the banking services of solarisBank, the first Banking-as-a-Service platform with a full banking license. As a result of the cooperation of these three companies, Kapilendo will be offering its customers account and debit cards, multibanking, as well as an analysis of account and transaction data – the range of banking products and services will hence be expanded significantly.
“We are delighted to have found two strong partners in finleap connect and solarisBank for the expansion of our banking services. Being able to offer our customers such a broad range of additional solutions was crucial to us. In addition to providing business accounts tailored to the everyday needs of small and medium-sized businesses, we will now be able to offer a systematic analysis of account and transaction data and to generate valuable insights and recommendations for our customers. Kapilendo’s 360°FinanzCockpit will bundle all services into a financial home for SMEs”, states Christopher Grätz, Co-Founder and CEO at Kapilendo AG.
With its acquisition of wevest Digital in September 2019, Kapilendo already heralded the transition from a digital corporate finance provider to a modern and fully-fledged banking partner for small and medium-sized businesses – the positioning as a real banking alternative for SMEs is now being implemented.
For finleap connect and solarisBank, this new partnership exemplifies the positive synergies that arise from the finleap ecosystem: “We are delighted to have gained a customer in Kapilendo who fully exploits the advantages of the finleap portfolio. We can offer a tailor-made solution with all the desired functionalities: account and debit cards of solarisBank, aggregation of third-party bank accounts, data analysis and virtual CFO services of finleap connect”, states Ramin Niroumand, Founder and CEO at finleap. Since September 2019, finleap has been operating in the units finleap assets, finleap build and finleap connect. As a SaaS provider, finleap connect acts as a one-stop-shop that comprises the entire spectrum of fintech solutions.
About finleap connect
finleap connect is a SaaS provider that combines the full range of Fintech solutions. The products and services include existing SaaS and PaaS innovations such as “RegShield”, “Switchkit”, “Open Banking APIs” and “SME Banking” as well as new end-to-end financial solutions and products. Moreover, finleap connect gives access to white label solutions and facilitates the seamless integration of finleap infrastructure platforms such as solarisBank, ELEMENT and Elinvar.
finleap connect is a regulated payment institution under the Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz – ZAG) based in Berlin and Hamburg with international market teams in Milan, Madrid and Paris. As a business unit of finleap, finleap connect is part of Europe’s leading Fintech ecosystem, a group with 1.000 employees from over 65 countries.
solarisBank is the first banking-as-a-service platform with a full banking licence that enables companies to offer their own financial products. Partners of solarisBank can not only obtain solarisBank products in the payments, lending and digital banking areas via API connection to the platform, but can also access services from third-party providers integrated on the platform. In this way, solarisBank creates a technologically advanced banking ecosystem for established digital companies, Fintech companies as well as banks and corporates.
The Berlin-based company was founded in 2016 and is managed by CEO Roland Folz, board members Jörg Diewald, Andreas Bittner, Thom Rasser as well as CPO Jörg Howein and CTO Hima Mandali. In total, renowned investors such as BBVA, Visa, Lakestar, ABN Amro Digital Impact Fund, Arvato Financial Solutions, SBI Group and finleap have invested over 100 million euros in the company.
Kapilendo AG is a digital banking partner for small and medium-sized businesses. In the fields of investment management and corporate finance, Kapilendo offers established growth companies and SMEs a modern alternative to traditional banking. Kapilendo’s service spectrum for SMEs includes individual financing solutions ranging from conventional loans to securities issues, as well as capital market-based liquidity and cash management. Kapilendo offers investors a unique range of services in the form of holistic digital asset management with a securities account as well as investments in SMEs and real estate. The company is headquartered in Berlin and was founded in January 2015. The financing volume amounts to 67 million euros (status November 2019). The main shareholders of Kapilendo AG are Comvest Holding AG, FinLab AG and the Versorgungswerk der Zahnärztekammer Berlin along with several renowned business angels.
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