Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Banco Bilbao Vizcaya Argentaria (‘BBVA’) on the series B round of financing of solarisBank AG, which is the first German fintech banking platform with a full banking license.

solarisBank has successfully secured €56.6m through its series B funding round. Participants from the round include current investors Arvato Financial Solutions and SBI Group, and renowned new global investors BBVA, Visa, Lakestar and ABN AMRO’s Digital Impact Fund (DIF).

The Freshfields team advising BBVA comprised Stephanie Hundertmark, Konstantin von Richthofen (Corporate/M&A), Gunnar Schuster, Falko Glasow, Friedrich Schlimbach (Regulatory), Frank Röhling, Uwe Salaschek (Antitrust), Frank Schaer (Employment) and Michael Leicht (IP/IT).