Zinspilot - Deposit Solutions
ClosedDeposit Solutions GmbH
Investment
About Zinspilot - Deposit Solutions
Deposit Solutions is a developer of an open banking platform designed to connect banks and depositors across Europe. The company's platform help banks to offer attractive third party deposit products to their own customers through their existing accounts so that the depositors can access best-in-class deposit offers without having to open a new account at another bank, enabling banks looking for funding to gather deposits from new markets and client groups without having to set up and operate their own retail infrastructure.
Merged with Raisin (announced on 24.06.2021) and closed on 16.07.2021.
Funding
€173.5m
Total raised
€432m
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2019 | €50m |
| Round −1 | 2018 | €85m |
| Round −2 | 2017 | €17m |
| Round −3 | 2016 | €21.5m |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | €14.8m | €-17.5m |
| 2019 | €18.9m | €-21.5m |
| 2020 | €17.2m | €-16.8m |
Hong Kong
China
India
Korea
Vietnam
Singapore
Kazakhstan
Israel
Qatar
UAE
Germany
Netherlands
Austria
Kenya
Rwanda