Tagged: deposit solutions

June 25, 2021 @ 7:36 am By Omar Faridi  |  

Germany-based Fintech firms Raisin and Deposit Solutions have reportedly decided to merge their operations in order to establish a new company in the business-to-consumer or B2C savings sector. Deposit Solutions currently operates deposit marketplaces for more than 150 partners, such as large institutions including Deutsche… Read More

February 25, 2021 @ 8:14 am By Omar Faridi  |  

Deposit Solutions has teamed up with Crédit Agricole Consumer Finance in order to enable the French bank with providing various savings products in Germany, beginning with fixed-term deposits provided via the ZINSPILOT portal. Through the partnership, Crédit Agricole Consumer Finance will be able to use… Read More

November 5, 2020 @ 7:35 am By JD Alois  |  

The Bank of England’s Monetary Policy Committee has voted unanimously to maintain the Bank Rate at 0.1% following a meeting yesterday. As the economy continues to be challenged by the COVID-19 health crisis, the MPC also decided to continue its quantitative easing plan. For savers,… Read More

September 29, 2020 @ 11:06 am By JD Alois  |  

Deposit Solutions, a Germany based Fintech unicorn, has announced its launch in the US market. According to a release, its consumer savings portal SaveBetter connects American banks digitally with savers, targeting the $16 trillion U.S. deposit market. Prominent US entrepreneur and investor Peter Thiel is… Read More

July 21, 2020 @ 8:38 am By JD Alois  |  

Germany based Open Banking platform Deposit Solutions says 1/5 of British consumers will consider switching savings accounts during the next 12 months. The historically low-interest rates provided by banks is obviously part of the reason consumers are more willing to consider change. Deposit Solutions is… Read More

May 27, 2020 @ 10:15 am By JD Alois  |  

norisbank, part of Deutsche Bank Group, has launched a deposit marketplace offering “selected third-party banks” savings options via Deposit Solutions. The Fintech states that after a successful launch of “norisbank ZinsMarkt,” the new service will be expanded into an online marketplace with fixed-term deposit products… Read More

May 18, 2020 @ 8:54 am By JD Alois  |  

Eurozone savers deposited €43 billion in March 2020, marking the eighth month where net inflows exceeded 40 billion euros since February 2019, according to a report by Hamburg, Germany based Fintech and open banking platform Deposit Solutions. The company’s research indicates that French savers deposited… Read More

April 29, 2020 @ 8:30 am By JD Alois  |  

Deposit Solutions, a Fintech based in Hamburg, Germany, is reporting some solid numbers. According to the company, its Open Banking platform has now transmitted a total volume of €25 billion in savings deposits, up from €16 billion 12 months ago. Deposit Solutions now reports 150… Read More

August 16, 2018 @ 12:00 pm By Samantha Hurst  |  

Deposit Solutions, a Germany-based opening banking and international platform for savings deposits, announced on Wednesday it secured $100 million through its latest investment round, which was led by Vitruvian Partners with participation from Kinnevik and existing shareholders including Deposit Solutions‘ first institutional shareholder e.ventures. The funds reportedly bring… Read More

January 18, 2016 @ 4:28 pm By Samantha Hurst  |  

Peter Thiel, Paypal’s co-founder and first outside investor in Facebook, has reportedly made an investment in Deposit Solutions GmbH, which is considered the first open architecture platform for retail deposits in Europe. Since its establishment in 2011, Deposit Solutions has already mediated deposits in excess of… Read More