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Tomorrow is cooperating with SolarisBank/Press Release

TOMORROW IS COOPERATING WITH SOLARISBANK

Tomorrow uses solarisBank’s banking platform for sustainable neo-banking services

Press Release Tomorrow & solarisBank, Berlin/Hamburg, 12.04.2018

Tomorrow, the first sustainable mobile banking offer, and solarisBank, the first digital banking platform with a full banking license, are starting a long-term cooperation. Tomorrow will, in future, use the banking infrastructure of solarisBank to offer a mobile current account with a sustainable debit card at the start of its impact banking offering. The product will be available from summer 2018.

“The digitization of the banking market is increasing demand for truly innovative products. We are convinced that, in combination with a state-of-the-art platform such as solarisBank, we can establish sustainable finance as a sustainable banking offering,” says Jakob Berndt, co-founder of Tomorrow. “With its fast processes and well-established technology, solarisBank is the ideal partner for us to implement our mission - and bring sustainable banking out of its the margins”.

Tomorrow is introducing a social and ecological product innovation in the market in addition to new technology. There is no doubt that there is a demand for such products: around 40% of all private investors find sustainable investments so attractive that they would invest their money there (GfK survey commissioned by the Institute for Sustainable Investments NKI, 2017).

At Tomorrow, money becomes an engine of positive change: customer deposits will finance renewable energies, organic agriculture, microcredits and much more. In the near future, tomorrow will develop a comprehensive financial platform, in which also savings and investment options offered, curated according to systematic sustainability criteria. Each payment made also goes to support a reforestation project. Using the solarisBank infrastructure, Tomorrow offers all the functionalities that customers expect from a modern mobile banking, offering: real-time push notifications, fully digital account opening, debit card configuration via app, and categorization of income and expenses.

“With our banking as a platform concept, we enable innovative business models to shape the future of the financial sector,” says Roland Folz, CEO of solarisBank. “We are pleased to have a partner, in Tomorrow, with whom we can best use the market opportunities for sustainable banking. Tomorrow’s progressive offer represents real innovation in the market.”

About Tomorrow: Tomorrow is the first Europeanplayer to combine the two major themes “Mobile Banking” and “Sustainable Finance”. Tomorrow will offer a mobile current account at the start in summer 2018; in the future, a comprehensive financial platform will result from this. Following the motto “Your money, your impact”, Tomorrow will combine state-of-the-art technology with positive social and ecological impact. Tomorrow is a brand of the social business company Goodfolio GmbH, founded in 2017. The founder team of Inas Nureldin, Michael Schweikart and Jakob Berndt brings a wealth of experience to the table when it comes to combining entrepreneurial success with positive social influence. Inas is co-founder of the international SaaS company Muddy Boots Software, Michael Schweikart developed the platform jobs4refugees, and Jakob the award-winning social business Lemonaid & ChariTea.

About solarisBank: solarisBank is the first banking platform with a full banking license that enables companies to offer their own financial products. Partners of solarisBank can, per API access to the platform, use not only the solarisBank products in the area of payments and E-money, lending and digital banking, but also third-party services integrated on the platform. Thus, solarisBank creates a technologically advanced and flawless, from the point of view of regulations, banking ecosystem for Fintechs, established digital companies as well as banks and corporates. The company was founded in 2016, headquartered in Berlin, and led by Roland Folz, co-founders and directors Marko Wenthin and Andreas Bittner, as well as CFO Alexander Engel, CPO Jörg Howein and CTO Peter Grosskopf. Contact

Jakob Berndt, Goodfolio GmbH, Eifflerstr. 43, 22769 Hamburg, email: jakob@tomorrow.one

Philipp Blankenagel, solarisBank AG, Anna-Louisa-Karsch-Str. 2, 10178 Berlin, Tel.: +49 176 84556811, E-mail: philipp.blankenagel@solarisbank.de



11 April 2018