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solarisBank raises EUR 26.3 million in Series AfinancingInternational investor team consisting of Arvato FinancialSolutions and Japanese SBI Group provide funding for Berlinbased banking platform- First year in business: Berlin-based banking platform solarisBank AG raises EUR 26.3 millionin series A financing- Established investors for the international rollout: Arvato Financial Solutions and theJapanese SBI Group are investors in this round of funding- New additions to senior management: Gerrit Seidel appointed as Chairman of the SupervisoryBoard; Roland Folz joins the Management Board as CEOBerlin/Tokyo/Baden-Baden – The financial services subsidiary of the Bertelsmann Group,Arvato Financial Solutions, and the Japanese investor SBI Group will invest in solarisBank in apartnership that promises significant cooperation potential across international markets. Intotal, the Berlin-based bank raises EUR 26.3 million in the series A financing, meanwhile seedinvestors FinLeap, Hegus and yabeo Capital participate as well.The strategic partnership with two major financial industry institutions creates a solidfoundation from which to further expand the banking platform and provides the equity requiredto further grow the transaction and loan businesses. As the young bank steps up itsinternationalisation efforts, new executives are being added to its leadership team: Roland Folzwill join the Management Board as CEO, while Gerrit Seidel will take over as Supervisory BoardChairman from HitFox Group and FinLeap founder Jan Beckers.

Strategic investors support next growth stageThe Bertelsmann subsidiary Arvato Financial Solutions offers innovative and flexible completesolutions for a value-oriented management of customer relationships and payment flows. Withthe global corporate venture fund activities of Arvato, numerous Fintech investments havealready been made worldwide."As a leading provider of cross-border digital financial services, we see thesignificant technology advancement of a banking platform. By cooperating withsolarisBank, we are able to significantly strengthen our performance capabilityfor our business partners."Frank Kebsch, CEO Arvato Financial Solutions.

SBI Group was established in 1999 as a pioneer of Internet-based financial services in Japan,and currently has formed the world’s first Internet-based financial conglomerate, providingfinancial services in a broad range of fields including securities, banking and insurance. SBIGroup is endeavouring to offer innovative financial services through collaborations withpromising venture companies in the Fintech fields. Joint ventures have helped SBI partnerssuch as Ripple to become market leaders in many Asian countries. solarisBank intends toexpand its activities in European and Asian countries over the coming years, and will establishjoint venture companies with the SBI Group in order to develop businesses in Asia.“solarisBank’s banking-as-a-platform model provides partners with digital and easy-tointegrate banking services for which we anticipate strong demand from Asia. We want to tapinto this demand together with our network partners,” says Yoshitaka Kitao, CEO of SBI Group.Further strengthening of Management and Supervisory BoardParallel to the expansion of its shareholder base, the company is also bolstering its seniormanagement team. The experienced senior manager Roland Folz will join the seasoned fintechand digital experts Marko Wenthin and Andreas Bittner as a third Member of the ManagementBoard. Roland Folz gained his experiences as a Member of the Management Board of internetpioneer DAB Bank, as CEO of Mercedes-Benz-Bank and as a Member of the Management Boardof T-Com. From 2009 until now he was responsible for several CFO areas at Deutsche Bank AG.Folz joined the Management Board of solarisBank AG as its CEO in February 2017. Thecompany will benefit from his wide international expertise and leadership experience which willcomplement the existing management width.“I am looking forward to help solarisBank in the further expansion of itsbusiness as well as its internationalization. It is an exciting task which offerstremendous potential." Roland Folz, CEO solarisBank AG

Gerrit Seidel (yabeo Capital) will take over as Chairman of the Supervisory Board. Seidel, whoserved as CEO of SOFORT Bank, SOFORT AG and Managing Director of Klarna, helped to getsolarisBank off the ground and supported management from the idea generation phase. „Withthe decision by Arvato and SBI Group to become partners in this venture, solarisBank hasgained two financially strong investors. They will support the banking platform’s independentpositioning as minority shareholders and will make an important contribution to thedevelopment of the bank into a global player. Roland Folz and his Management Boardcolleagues complement each other perfectly to reach our goals,” says Gerrit Seidel, Chairman ofsolarisBank AG’s Supervisory Board.Banking platform one year in businesssolarisBank obtained a full banking licence and commenced operations in March 2016. Itsmodern banking platform enables digital companies, fintechs, other banks and corporates toaccess innovative banking service modules for integration into their processes, websites or apps.Within a single year, solarisBank succeeded in bringing over 20 companies onto its bankingplatform, including partners like AutoScout24, fashioncheque and various fintechs. Also, thebanking platform has so far passported its banking license to six European countries to servepartners across the continent.solarisBank has been the first company to successfully implement and internationally establishthe banking-as-a-platform concept.

“Strategic partnerships with global players like Mastercard are symbolic for oursuccess. As our digital business partners grow, so will we. Over the first twelvemonths we have laid the foundation for a successful financing round and weare now ready to gain momentum over the coming years, in Europe andbeyond." Marko Wenthin, Co-Founder and CCO solarisBank AG.Since its launch, solarisBank has grown its team of banking and tech experts from 20 to over 85.“One out of two employees works in our product and technology team. It is our technologicalleadership that enables us to very efficiently integrate numerous partners from various sectors,currently across six European countries,” says Andreas Bittner, COO and Co-Founder ofsolarisBank.

------About solarisBanksolarisBank AG is a banking platform with a full banking license, allowing companies to offertheir own financial products. Partners can access the solarisBank modules in the field of emoney, instant credit and digital banking as well as services from third-party providersintegrated on the platform via API. Thus, solarisBank creates a technologically highly developedand regulatory sound banking ecosystem for fintechs, established digital companies and alsobanks.The Berlin-based company was founded in 2016 and is currently active in five other EUcountries besides Germany. solarisBank is led by members of the management board RolandFolz, Marko Wenthin and Andreas Bittner as well as CTO Peter Grosskopf.www.solarisbank.deAbout Arvato Financial Solutions

Arvato Financial Solutions is a global financial service provider and part of Bertelsmann SE &Co. KGaA as a subsidiary of Arvato.The company has around 7,000 employees in 22 countries, including a strong presence inEurope, America and Asia, and offers flexible full-service solutions for the value-orientedmanagement of customer relationships and cash flows. Arvato Financial Solutions issynonymous with professional outsourcing services (Finance BPO) centering on cash flow in allphases of the customer lifecycle – from risk management and invoicing to debtor management,the sale of receivables and debt collection. As part of this, the company focuses on minimisingdefault rates in the business initiation phase and during the collection process. As a result, theirservices also include optimising the selection of payment types internationally.As a financial solutions provider, the company manages around 10,000 customers, specialisingprimarily in the retail/e-commerce, telecommunications, insurance, banking and healthcaresectors. This makes it Europe’s third largest integrated financial service provider.For more information, please visit http://finance.arvato.comAbout SBI HoldingSBI Holdings, Inc. is an integrated business group that has developed a wide range ofbusinesses with the group companies, including Financial Services Business such as securities,banking and insurance, Asset Management Business for the creation of new industries andBiotechnology-related Business such as pharmaceutical developments. SBI Group, whichconsists of 219 companies (as of December 31, 2016), has established overseas offices, primarilyin the growth markets of emerging countries in Asia, and is pursuing global business expansionin various fields.Philipp BlankenagelE: [email protected] solarisbank.deM: 49 176 84 55 68 11ABOUT HITFOX GROUPHitFox Group is a global company builder focused on adtech, big data and fintech. With technology made inBerlin the HitFox team is disrupting markets in Europe, in Asia and in Silicon Valley. 500 professionals with morethan 45 nationalities are shaping emerging digital industries in the group’s international offices on three

continents. HitFox helps to bring great companies on the way by seed funding startups under the companybuilders’ umbrella with 0.5-5 million USD. The HitFox network of proven experts in IT, Marketing, HR as well asfinance & legal supports HitFox ventures on their way to success.HitFox Groupnewsroom

Arvato Financial Solutions is a global financial service provider and part of Bertelsmann SE & Co. KGaA as a subsidiary of Arvato. The company has around 7,000 employees in 22 countries, including a strong presence in Europe, America and Asia, and offers flexible full-