Deposit Solutions was a Hamburg-based fintech that operated a B2B open-banking platform for retail savings deposits. Founded in 2011 by Dr. Tim Sievers, the company allowed banks to gather third-party retail deposits and offer third-party savings products to their own customers without having them switch accounts. Its platform served over 150 partner banks (including Deutsche Bank, MunchenerHyp, Close Brothers and Atom Bank) and operated consumer-facing brands ZINSPILOT and SaveBetter. Deposit Solutions reached unicorn status in September 2019 after Deutsche Bank acquired a ~5% stake at a $1.1B valuation. In June 2021, Deposit Solutions merged with German rival Raisin to form Raisin DS, a pan-European/transatlantic savings and investments marketplace.
Deposit Solutions has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Employees
200–500
Total Funding
$212M
4 rounds
Latest Valuation
$1.1B
Sep 18, 2019
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $212M across 4 rounds
Last updated 05-11-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Sep 18, 2019 | Series D extension CNBC | $62.4M | $1.1B | Deutsche Bank |
| Aug 16, 2018 | Series D Press release | $100M | $0.5B | Vitruvian Partners |
| Nov 2017 | Series C | $20M | — | Headline (e.ventures), Greycroft |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series D
$500M
Aug 2018
Deposit Solutions today
$1.1B
Sep 2019 · latest mark
Deposit Solutions multiple
2.2x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Tim Sievers
Founder & CEO (became co-CEO of Raisin DS post-merger, then moved to Advisory Board)
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Raisin
Pan-European B2C savings and investment marketplace; merged with Deposit Solutions in 2021 to form Raisin DS.
Flagstone
UK-based cash deposit platform aggregating savings rates across banks for retail and corporate clients.
Klarna (Fixed-Term Deposits)
Swedish fintech offering retail savings deposit products across European banks via its app.
MaxMyInterest
US deposit aggregator that optimizes retail cash holdings across FDIC-insured online savings accounts.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.