Solaris: Becomes new partner for ADAC credit card

Solaris: Becomes new partner for ADAC credit card

  • Solaris is Europe’s leading embedded finance platform empowering the future of financial services
  • ADAC SE, headquartered in Munich, is a stock corporation under European law that offers mobility-oriented services
  • Replace Landesbank Berlin (LBB) as the co-branding partner for the ADAC credit card in the second half of 2023
  • ADAC Finanzdienste GmbH and LBB had informed in October 2021 that their cooperation in the credit card business would expire
  • All agreements regulating the transition of the cooperation have now been reached with AG
  • This means that the ADAC credit card portfolio can be handed over to the new co-branding partner
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks.Highlights: FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...

Stablecoin Bank Kontigo Suffers Cyber Attack, Disrupting Operations

The cyber incident raises concerns about security in fintech.Highlights: Kontigo, a prominent stablecoin bank, experienced a cyber attack.The...