Deposit Solutions

Hamburg, Germany Fintech Acquired

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.

Acquired

Deposit Solutions has been acquired

This company is no longer available on our private secondary market.

Overview

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

September 18, 2019

Funding

Total raised $212M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 05-11-2026

Latest Round

Type

Series D extension

Date

September 18, 2019

Amount

$62.4M

Valuation

$1.1B

Lead Investors

Deutsche Bank
DateRoundAmount RaisedValuationLead Investors
September 18, 2019 Series D extension $62.4M $1.1B Deutsche Bank
August 16, 2018 Series D $100M $0.5B Vitruvian Partners
November 2017 Series C $20M Headline (e.ventures), Greycroft

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 2019 Deposit Solutions

Entry · Series D

$0.5B

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.

Leadership

  • Tim Sievers

    Founder & CEO (became co-CEO of Raisin DS post-merger, then moved to Advisory Board)

Competitors

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.

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Data collected with AI, which can make mistakes. Please double-check this information.