-26%

est. 2Y upside i

FinTechSeries D+

Stage: exit. Country: Germany

Rank

#2867

Sector

Fintech, Banking-as-a-Service

Est. Liquidity

~3Y

Data Quality

Data: Medium

Given a negative expected return of -26% over two years, this equity grant carries high risk with limited upside.

Last updated: July 19, 2026

Bull (15%)+49%

If Solaris successfully executes its AI-native transformation and an IPO window opens, exit multiple could reach 10x, yielding a 49.4% net upside after 20% dilution.

Base (50%)-18%

With moderate growth and multiple compression toward 6x, the exit value barely exceeds entry, resulting in -18.4% net upside after dilution.

Bear (35%)-69%

Continued regulatory issues and client losses drive multiple to 3x, causing a 69.1% net loss even without preference triggers.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

46%

Total preferred stock of $736M represents 46% of current valuation, meaning common stock effectively has equity value of $864M.

Dilution Risk

high

With significant losses and only $145M raised 16 months ago, a down round or additional financing within 24 months is likely.

Secondary Liquidity

none

No secondary market trades reported.

View all 16 open roles at solarisBank →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on solarisBank's data — designed to show you've done your homework.

  • 1

    “How does the AI transformation change the unit economics and customer acquisition?”

  • 2

    “What is the path to profitability given the 50% gross margin and high operating costs?”

  • 3

    “What is the company's timeline for liquidity and how do you value current options given the preference stack?”

Community

Valuation Sentiment

Our model estimates -26% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.