(Stavanger, NORWAY – 15 June 2022) Huddlestock Fintech AS (OSE: HUDL) signs major contract with
Solarisbank, the leading European Banking-as-a-Service platform.
Huddlestock Fintech is delighted to announce the signing of a full white-label contract with Solarisbank, the
leading European Banking-as-a-Service platform with headquarters in Berlin, Germany.
«Solarisbank’s choice of Huddlestock’s Bedrock solution for the trading of financial instruments is a major
endorsement of our unique SaaS WealthTech trading platform. I want to thank all our talented colleagues
within both Huddlestock and Solarisbank for their hard work these past months in delivering a financial
trading solution for Solarisbank’s customers. The addition of securities brokerage and investment services
to Solarisbank’s product offering provides their clients the opportunity to embed savings and securities
trading accounts in their final client offer, increasing share of wallet, customer loyalty and retention,” John
E. Skajem, Group CEO, Huddlestock Fintech AS.
Solarisbank will offer its client’s investment and brokerage services by embedding Huddlestock’s proprietary
Bedrock WealthTech SaaS trading solution. The new investment solution will offer Solarisbank’s more than
60 partners and their more than 5 million unique end clients, the opportunity to participate in the high
growth retail brokerage market by offering trading in equities, ETFs, CFDs and mutual funds via one time
order or savings plan. The infrastructure behind Solarisbank’s innovative investment solution will be
powered by Huddlestock and offered through its core API.
“We are very happy to extend our product universe with an important puzzle piece: brokerage. Due to several
and obvious reasons it is a logical fit in our company strategy, and we are proud to have Huddlestock, an
experienced and strong partner, empowering us and being the technical connector to the custodian bank,”
says Georg Heibel, Vice President Brokerage, Solarisbank GmbH.
The first publicly announced client to embrace Solarisbank’s investment services is the next-generation
neobroker, Fina. Founded in 2020 with the aim to provide financial education for Millennials and the GenZ,
Fina will, through Solarisbank’s BaaS add the new investment solution powered by Huddlestock’s Bedrock
WealthTech Saas, offering its customers the opportunity to invest into diversified asset classes and deliver
on its vision of financial inclusivity.
“We are delighted to be able to help our customers add new services to their client offer and increase their
share of client wallets. Working with the neobroker Fina on the launch of an inclusive securities brokerage
service is an exciting next step for Solarisbank, and could not have been done without our partners
Huddlestock Fintech. Doing this in a sustainable and impactful way is firmly in line with Solarisbank values»,
says Georg Heibel, Vice President Brokerage, Solarisbank GmbH.
“As a UN Global Compact signatory, we firmly embrace a more sustainable and inclusive world. Increasing
access to financial services by creating products that can easily be embedded into service offerings in a cost
efficient and scalable way, is in line with our mission of democratizing access to capital markets,” says John
E. Skajem, Group CEO, Huddlestock Fintech.
Huddlestock Fintech AS is registered in Norway no. 821 888 522. Registered Office: Gamle Forusveien 53b, 4031 Stavanger, Norway
About Solarisbank: Solarisbank is Europe’s leading Banking-as-a-Service platform. We enable other
businesses to offer their own financial services both rapidly and compliantly in the EEA and UK. Via APIs,
our partners can integrate modular financial services directly into their own product offering. Our services
cover gore banking services, fiat and crypto assets, lending as well as payments, card issuing and processing.
In 2021, we opened up branches in France, Italy, and Spain to offer local IBANs, providing access to local
financial eco-systems in Europe’s largest markets. Headquartered in Berlin and London, our group now
boasts over 700 employees at eight locations in Europe and in India. Combined net revenues in 2021
amounted to around EUR 100 million, representing over 90 percent year-on-year growth. Solarisbank has
more than 60 partners and more than 5 million unique end clients on their platforms.
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian
Securities Trading Act.
To see all press and investor releases please have a look in the investor relations section of our corporate
website www.huddlestock.com/investor-relations
For further information, please contact:
CONTACTS:
John E. Skajem, CEO, +47 418 87 412, jes@huddlestock.com
Cecilia Luras, Director of Strategy & Investor Relations, +47 951 45 382, col@huddlestock.com
About Huddlestock Fintech:
Huddlestock Fintech is an innovative technology software provider with a leading expert professional
services business. We deliver innovative and sustainable technology solutions to the capital markets,
treasury and wealth management industries.
Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech
SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking
within the wealth management industry. Huddlestock’s SaaS empowers the embedding of low-cost, efficient
white-label trading and investment services, underpinning Huddlestock’s mission of delivering financial
inclusion by democratizing access to capital markets.
Through its world-class expert professional services business, Huddlestock delivers strategic technology
solutions and process automation for the financial services industry. This range of services has propelled
Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions
in the Nordic region. Huddlestock Fintech AS was listed on Euronext Growth Market 26 November 2020, as
Norway’s first fintech company to be publicly traded.
For more information, please visit www.huddlestock.com