German fintech Solaris to axe 20 per cent of 400-strong workforce, as becomes “AI-native bank"

Tech.eu / 3/26/2026

📰 NewsIndustry & Market Moves

Key Points

  • German fintech Solaris plans to cut 20% of its ~400-strong workforce as part of a broader restructuring.
  • The move is framed as Solaris becoming an “AI-native bank,” indicating operational and organizational changes tied to AI adoption.
  • The article notes this restructure follows earlier job cuts, a write-down, and rescue fundraising efforts.
  • The announcement highlights the financial and execution pressure on fintechs as they attempt to modernize with AI while managing profitability and capital constraints.
One of Germany’s most high-profile fintechs in recent years is cutting 20 per cent of its workforce, as it looks to become an “AI-native bank", marking the latest restructure at Solaris.Solaris, which...

Continue reading this article on the original site.

Read original →