About Deposit Solutions
Deposit Solutions is a company based in Hamburg (Germany) founded in 2011.. Deposit Solutions has raised $212.13 million across 6 funding rounds from investors including Deutsche Bank, Kinnevik and FinLab AG. The company has 187 employees as of December 31, 2020. Deposit Solutions has completed 1 acquisition, including Savedo. Deposit Solutions operates in a competitive market with competitors including getmomo, SWK Bank and YAXI, among others.
- Headquarter Hamburg, Germany
- Employees 187 as on 31 Dec, 2020
- Stage Unicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Deposit Solutions Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$212.13 M (USD)
in 6 rounds
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Latest Funding Round
$62.38 M (USD), Series D
Sep 18, 2019
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Investors
Deutsche Bank
& 10 more
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Employee Count
187
as on Dec 31, 2020
- Investments & Acquisitions
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Funding Insights of Deposit Solutions
Deposit Solutions has successfully raised a total of $212.13M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $62.38 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $62.4M
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First Round
First Round
(08 Sep 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series D - Deposit Solutions | Valuation | Deutsche Bank |
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| Aug, 2018 | Amount | Series D - Deposit Solutions | Valuation | Vitruvian Partners | |
| Nov, 2017 | Amount | Series C - Deposit Solutions | Valuation | Greycroft , Headline |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deposit Solutions
Deposit Solutions has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Deutsche Bank, Kinnevik and FinLab AG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth equity investments are directed toward expanding startups across sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors by Kinnevik.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deposit Solutions
Deposit Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Savedo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fixed-term deposit rates from banks are compared online.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Deposit Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deposit Solutions Comparisons
Competitors of Deposit Solutions
Deposit Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as getmomo, SWK Bank and YAXI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial services are provided digitally by getmomo in Germany.
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| domain | founded_year | HQ Location |
Provides personal loans, auto credits, eco loans, and fixed deposits via digital banking.
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| domain | founded_year | HQ Location |
An open banking API platform facilitating secure financial integrations for institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deposit Solutions
Frequently Asked Questions about Deposit Solutions
When was Deposit Solutions founded?
Deposit Solutions was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Deposit Solutions located?
Deposit Solutions is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Is Deposit Solutions a funded company?
Deposit Solutions is a funded company, having raised a total of $212.13M across 6 funding rounds to date. The company's 1st funding round was a Series C of $20M, raised on Sep 08, 2015.
How many employees does Deposit Solutions have?
As of Dec 31, 2020, the latest employee count at Deposit Solutions is 187.
What does Deposit Solutions do?
Deposit Solutions was founded in 2011 in Hamburg, Germany, within the fintech sector. An open banking API platform is operated to enable retail banks in gathering deposits, listing savings products on an open architecture, and marketing third-party savings offers to clients. Third-party deposit products are also integrated into existing bank accounts for customer access across European markets.
Who are the top competitors of Deposit Solutions?
How many acquisitions has Deposit Solutions made?
Deposit Solutions has made 1 acquisition, including Savedo.
Who are Deposit Solutions's investors?
Deposit Solutions has 11 investors. Key investors include Deutsche Bank, Kinnevik, FinLab AG, Vitruvian Partners, and Headline.
What is Deposit Solutions's valuation?
The valuation of Deposit Solutions is $1.1B as of Sep 2019.
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