Is Meniga or Solaris better?

Neither clearly leads. Meniga starts at On request and Solaris at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.

Which is cheaper, Meniga or Solaris?

Meniga starts at On request and Solaris at On request.

Does Meniga or Solaris run on more platforms?

Meniga runs on Web, iOS, Android. Solaris runs on Web, API.

What is Meniga best used for?

Meniga is most often used for a retail bank wanting personal finance management features added to its existing app without building categorisation in house, a bank wanting carbon footprint insight features as a customer-facing sustainability offering, a bank wanting transaction-driven targeted rewards and offers integrated with spending data, a bank consolidating pfm and rewards into one white-label vendor rather than running separate point solutions. Of those, a retail bank wanting personal finance management features added to its existing app without building categorisation in house and a bank wanting carbon footprint insight features as a customer-facing sustainability offering are not what Solaris is typically brought in for.

What can Meniga do that Solaris cannot?

Meniga covers Transaction categorisation, Personal finance management, Carbon footprint insights, Predictive analytics. Solaris covers German banking licence, IBAN accounts, Card issuing, Lending as a service.

APIs · head to head

Meniga vs Solaris

Meniga

APIs

White-label personal finance management and data enrichment platform for banks

From: On request
Rated: -

Full review Website

Solaris

APIs

German banking as a service with a full banking licence and a live regulatory problem

From: On request
Rated: -

Full review Website

The short version

Each has a real cost: Meniga its output quality depends entirely on the transaction data quality the host bank feeds it, so poor underlying data produces poor categorisation and insights regardless of Meniga's own engine.; Solaris baFin appointed a special representative in 2022 and extended the mandate in July 2024, so a partner is joining a bank under active supervisory monitoring, with slower approvals and heavier compliance demands as a direct consequence.
They diverge on capability: Meniga covers Transaction categorisation, Solaris covers German banking licence.
Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Meniga and Solaris actually diverge.

Attributes where Meniga and Solaris differ
Attribute	Meniga	Solaris
Platforms	Web, iOS, Android	Web, API

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Meniga

Transaction categorisation
Personal finance management
Carbon footprint insights
Predictive analytics
Targeted rewards
White-label deployment

Only in Solaris

German banking licence
IBAN accounts
Card issuing
Lending as a service
Digital assets and custody
SEPA payments
KYC and onboarding
Deposit protection

What people use each for

The jobs each tool is most often brought in to do.

Meniga

A retail bank wanting personal finance management features added to its existing app without building categorisation in housenot Solaris
A bank wanting carbon footprint insight features as a customer-facing sustainability offeringnot Solaris
A bank wanting transaction-driven targeted rewards and offers integrated with spending datanot Solaris
A bank consolidating PFM and rewards into one white-label vendor rather than running separate point solutionsnot Solaris

Solaris

A retailer or platform launching a German current account or card product without applying for its own licencenot Meniga
A fintech that needs deposit taking and lending, which an e-money licence cannot providenot Meniga
A European business needing German IBANs because customers reject foreign IBANs for salary and direct debitnot Meniga
A company requiring German statutory deposit protection on customer balances as a product claimnot Meniga

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Meniga

Its output quality depends entirely on the transaction data quality the host bank feeds it, so poor underlying data produces poor categorisation and insights regardless of Meniga's own engine.
Pricing is not published, requiring a licensing negotiation scaled to deployment size.
Growth by acquisition, including the Wrapp rewards platform, means a bank evaluating Meniga for PFM specifically may end up being sold a broader bundle including rewards functionality it did not originally want.
As a white-label layer rather than a customer-facing brand, its own market reputation and reliability are harder for an end consumer, or even a prospective bank client, to evaluate directly compared with a consumer-facing fintech.
It competes with PFM and engagement features increasingly built natively by core banking or engagement platform vendors themselves, such as Backbase, which can reduce the case for a separate specialist layer.

Solaris

BaFin appointed a special representative in 2022 and extended the mandate in July 2024, so a partner is joining a bank under active supervisory monitoring, with slower approvals and heavier compliance demands as a direct consequence.
BaFin fined Solaris EUR 6.5 million in March 2024 for systematically late suspicious activity reports and EUR 500,000 for breaching large exposure limits between January 2022 and March 2024, which is a track record a partner inherits reputationally.
Solaris has previously needed BaFin approval before onboarding new corporate clients, which can turn a commercial decision to launch into a regulatory timetable outside your control.
The 2024 restructuring involved job cuts and the closure of parts of a business unit, so product lines a partner depends on may not have the engineering behind them that the sales process implies.
SBI Holdings acquired majority control in 2025, so strategic direction now sits with a Japanese financial group whose priorities for the European business may differ from the roadmap you were sold.

Pricing, plan by plan

Meniga

On request

Meniga$undefined/year
- Pricing not published, licensed to banks per deployment scale

Solaris

On request

Solaris banking as a service$undefined/year
- Quoted per partner, typically setup fee plus monthly platform fee
- Per account, per card and per transaction charges on top
- Interchange sharing arrangements negotiated per programme

Which should you pick?

Choose Meniga if

You need transaction categorisation.
You work on Web, iOS, Android.
You also want personal finance management.

Meniga review

Choose Solaris if

You need german banking licence.
You work on Web, API.
You also want iban accounts.

Solaris review

Questions people ask

Is Meniga or Solaris better?: Neither clearly leads. Meniga starts at On request and Solaris at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Meniga or Solaris?: Meniga starts at On request and Solaris at On request.
Does Meniga or Solaris run on more platforms?: Meniga runs on Web, iOS, Android. Solaris runs on Web, API.
What is Meniga best used for?: Meniga is most often used for a retail bank wanting personal finance management features added to its existing app without building categorisation in house, a bank wanting carbon footprint insight features as a customer-facing sustainability offering, a bank wanting transaction-driven targeted rewards and offers integrated with spending data, a bank consolidating pfm and rewards into one white-label vendor rather than running separate point solutions. Of those, a retail bank wanting personal finance management features added to its existing app without building categorisation in house and a bank wanting carbon footprint insight features as a customer-facing sustainability offering are not what Solaris is typically brought in for.
What can Meniga do that Solaris cannot?: Meniga covers Transaction categorisation, Personal finance management, Carbon footprint insights, Predictive analytics. Solaris covers German banking licence, IBAN accounts, Card issuing, Lending as a service.

Answered from the vendors’ own pages

Meniga: Is Meniga a consumer app?

No, it is a white-label platform banks embed into their own branded apps, not sold directly to consumers.

Solaris: Does Solaris have a real banking licence?

Yes. Solaris SE is a German credit institution, which is why it can offer deposits and lending, unlike e-money based competitors.

Meniga: How many banking customers does it reach?

Over 100 million banking customers across roughly 30 countries, through its bank clients.

Solaris: Is the BaFin action still live?

The special representative appointed in 2022 had the mandate extended in July 2024, and fines were issued in March 2024. Treat supervisory oversight as an active condition in your diligence.

Meniga: Does it only do personal finance management?

No, it has expanded through acquisitions like Wrapp into transaction-driven rewards as well as PFM and carbon insights.

Solaris: Who owns Solaris now?

SBI Holdings of Japan agreed in December 2024 and January 2025 to take a majority stake of over seventy per cent for around EUR 100 million.

Meniga vs Solaris

Meniga

Solaris

The short version

Where they differ

What each one covers

Only in Meniga

Only in Solaris

What people use each for

Meniga

Solaris

Where each one falls short

Meniga

Solaris

Pricing, plan by plan

Meniga

Solaris

Which should you pick?

Choose Meniga if

Choose Solaris if

Questions people ask

Answered from the vendors’ own pages

Related pages

More on Meniga

More on Solaris

Keep looking

Other head to heads