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solarisBank, Moneyou to offer online loans

Germany’s solarisBank, a fully digital bank, has signed an agreement with Moneyou, which is the digital brand of Dutch bank ABN Amro Bank. The agreement is aimed at integrating solarisBank with Moneyou and provide instantaneous online lending for consumers. Moneyou’s German customers can get a loan completely online in as little as 7 minutes. Consumers can apply for loans of between €1,000 and €35,000 with the loans being provided by solarisBank. Marko Wenthin, CCO and co-founder of solarisBank, said that Moneyou and solarisBank are united by the goal of becoming fully digital. He said the new platform that would be created would bring digital companies, start-ups, banks and corporates all together to form one financial ecosystem.

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