Solaris
12 Case Studies
A Solaris Case Study
Spendit, a leading employee benefits provider in Germany and Austria, faced an urgent challenge when its former banking-as-a-service provider suddenly ceased operations. The company needed to quickly migrate its entire financial portfolio—including customer cards and accounts—to a new, reliable infrastructure with minimal disruption to its users and business activities. They required a trustworthy partner like Solaris for robust compliance, insolvency protection, and long-term scalability.
Solaris provided its embedded finance infrastructure to power Spendit's prepaid cards and seamless business onboarding through its Know-Your-Customer platform. This solution enabled a successful migration of over 100,000 active cards and 7,000 customers, which was completed within seven months. The partnership with Solaris allowed Spendit to create a seamless and reliable customer experience, ensuring uninterrupted access to employee benefits and supporting the company's scalable growth.