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Captiq cooperates with Solarisbank

Monday 16 August 2021 14:14 CET | News

Germany-based online financing platform for professional workers Captiq has signed a cooperation agreement with banking-as-a-service platform Solarisbank

Solarisbank will act as the lending bank for Captiq's platform. Captiq has developed an automated process for sales partners and financing customers, from application to loan disbursement, in which Solarisbank takes on regulatory aspects. As a banking-as-a-service platform (BaaS), Solarisbank will be responsible for lending to Captiq customers.

Captiq has developed an online financing solution tailored to the needs of professional workers, the majority of which are freelancers. The loans that are brokered via the platform address financing inquiries below EUR 250,000. Captiq has developed a specific rating model and a tailor-made application process for the target group, which includes pharmacists, architects, doctors, lawyers and auditors, who can apply for loans through the website or through financial advisors. If the rating is positive, the payment is made by Solarisbank within a few working days, also automatically.


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Keywords: partnership, financial services, mobile banking, banks
Categories: Banking & Fintech
Companies:
Countries: Germany
This article is part of category

Banking & Fintech