Solaris news and trends

Solaris’ Roland Folz Joins CloudPay as New CEO
Personnel // August 14, 2023

Payroll provider CloudPay has appointed Roland Folz as its new chief executive. Folz, who had been CEO of financial services firm Solaris, will take up his new role immediately, CloudPay said in a news release Monday (Aug. 14). “In his new role as CEO, Folz...

Contis Brand Retires Following Embedded Finance Merger With Solaris
emea // December 06, 2022

Following last year’s merger with Solaris, the Contis brand is being retired. In a press release on Tuesday (Dec. 6), Solaris wrote that the Banking-as-a-Service (BaaS) provider Contis will now operate under the Solaris name. “Solaris has established itself as the leading platform for embedded...

Quick Reads
BaFin: Solaris SE Must Improve Controls or Face Financial Penalties

July 12, 2024
German financial regulator BaFin said Friday (July 12) that Solaris SE faces financial penalties if it doesn’t improve its controls. Solaris, which has a banking license in Germany but focuses on providing white-label services to other banks, has not fixed issues as ordered by BaFin in 2022, Bloomberg reported Friday (July 12), citing a statement from BaFin. In addition, new […]

Solaris’ Roland Folz Joins CloudPay as New CEO

August 14, 2023
Payroll provider CloudPay has appointed Roland Folz as its new chief executive. Folz, who had been CEO of financial services firm Solaris, will take up his new role immediately, CloudPay...

Contis Brand Retires Following Embedded Finance Merger With Solaris

December 06, 2022
Following last year’s merger with Solaris, the Contis brand is being retired. In a press release on Tuesday (Dec. 6), Solaris wrote that the Banking-as-a-Service (BaaS) provider Contis will now...