solarisBank strengthens its executive board

Berlin, 03.09.2018 – solarisBank, the tech platform with a full banking license, is strengthening its executive board with high-profile recruits with the intention of further accelerating its continuing growth. As of today, Jörg Diewald takes up his position as member of the board and Chief Commercial Officer (CCO). In future, the position of Chief Technology Officer (CTO) at solarisBank will be held by Dirk Daumann.

Gerrit Seidel, chairman of the supervisory board of solarisBank, says: "I am delighted that we have been able to strengthen the management team at solarisBank with two experienced managers. As a new board member, Jörg Diewald will further reinforce the positioning of solarisBank in Germany and Europe as the leading technology platform with a banking licence for digital companies, major enterprises and banks. As solarisBank CTO, Dirk Daumann will further expand the company's technology leadership.“

Roland Folz, CEO of solarisBank, continues: "With our technology-based contextual banking approach, we are shaping the future of the financial sector. In order to continually develop our platform and advance the growth of solarisBank, we are staffing the solarisBank team with forward thinkers from the technology and banking sectors.“

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Jörg Diewald is an expert in the development and expansion of commercial organisations in the banking as well as fintech sector. Most recently, he was CCO of Targo Commercial Finance AG and, among other things, was active on the advisory board of the Berlin fintech company Billie. Mr. Diewald began his career with Commerzbank and thereafter occupied a variety of executive positions, among others at Dresdner Bank and Landesbank Sachsen. Since 2007,  he was board member and CCO for Germany and Benelux at GE Capital Bank AG, which belongs to the General Electric Group, where he concentrated on the areas of credit business, factoring, leasing and fleet management. In addition to his commercial responsibility, his further main point of focus for the GE Group in Germany was on the development of fintech cooperation projects as well as national and international joint ventures. As a member of the board, Mr. Diewald was also responsible for further developing the product landscape as well as for Tech and Operations. In addition to his commercial expertise, he therefore also brings a high level of tech affinity to solarisBank.

In his capacity as a board member, co-founder and, to date, CCO, Marko Wenthin will in future be concentrating on the company's international business development. The broader investor base resulting from the latest round of funding opens up new expansion possibilities for solarisBank.

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With Dirk Daumann, solarisBank is bringing aboard a proven expert in the scaling of communications, data and fintech companies. Most recently, he was CTO of the Digital Entertainment division at ProSiebenSat.1 Media SE. He was previously VP Engineering at the online payment company Klarna, where he was responsible for the technology development of the core payment area. In addition, he has occupied executive positions at Skype and HERE Technologies in Stockholm and Berlin. Dirk Daumann began his career with Accenture, where he worked across Europe as Technology Consulting Manager.

In June 2018, previous solarisBank CTO Peter Großkopf already took over the management of the newly-established Blockchain Factory with which solarisBank intends to bridge the technological and regulatory gap between the banking and blockchain worlds. In addition to this role, he will continue to be responsible for technological innovation and, in this area, will report to Dirk Daumann.

About Solarisbank

Solarisbank AG is the first Banking-as-a-Service platform with a full banking license that enables companies to offer their own financial products. Through APIs, partners gain access to Solarisbank's modular services including digital bank accounts and payment cards, identification and lending services, as well as services provided by integrated third party providers. Through this, Solarisbank creates a highly developed technological banking ecosystem for fintechs and established digital companies, as well as banks and corporates.

After having established itself as the banking partner of choice for blockchain and crypto businesses, Solarisbank founded Solaris Digital Assets GmbH in 2019 to further drive the adoption of digital assets. The 100% subsidiary of Solarisbank offers a custodial solution for digital assets to complement its existing banking services.

The Berlin-based company was founded back in 2016 and is led by CEO Dr. Roland Folz, board members Jörg Diewald, Dr. Jörg Howein and Thom Rasser, as well as COO Dr. Daniel Seifert and CTO Hima Mandali. To date, Solarisbank has raised more than EUR 160 million from renowned investors, including ABN AMRO’s Digital Impact Fund, BBVA, finleap, HV Holtzbrinck Ventures, Lakestar, Samsung Catalyst Fund, SBI Group, Storm Ventures, Visa, Vulcan Capital, and yabeo.

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