Banking-as-a-service platform SolarisBank has signed a major integration partnership with a bank.
On Tuesday, the Berlin-based SolarisBank announced that it had integrated with the Dutch bank ABN Amro to provide instant loans through the bank’s online brand Moneyou.
SolarisBank partners thus far has been fintech startups and digital companies. ABN Amro is it’s first bank partner.
Starting today, Moneyou’s customers in Germany can now apply for a SolarisBank loan. The range of these loans is between €1,000 ($1183) and €35,000 ($41,106). The application process is fully online and shouldn’t take more than seven minutes.
In a Tuesday statement on SolarisBank, Moneyou CEO Liesbeth Rigter said:
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The instant digital loan is a new building block of our smart banking concept, which is oriented towards the reality of our customers’ lives: making self-determined decisions and using fast processes with easy-to-understand digital products. The innovative technology of our cooperation partner SolarisBank fully complies with these principles.