Reported 1 day ago
Japan's SBI Holdings Inc. is poised to become the majority owner of the German fintech Solaris SE through its substantial contribution in a fundraising round aimed at securing up to €150 million. The firm, struggling with profitability and regulatory challenges, plans to finalize agreements with investors for a sustainable financing solution shortly. SBI had previously led a €96 million funding round earlier this year, supporting Solaris as it aims to stabilize its operations.
Source: YAHOO