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Press Releases

Highlights

June 25, 2021
Deposit Solutions and Raisin merge to form Raisin DS
Image of the Euro sculpture in Frankfurt
April 22, 2021
Negative Rate Burden of Eurozone Banks Reaches Record High
Worms eye view of the Eiffel Tower from a French street
February 24, 2021
Crédit Agricole Consumer Finance launches cooperation with Deposit Solutions
25. June 2021
Deposit Solutions and Raisin merge to form Raisin DS
FinTech companies Deposit Solutions and Raisin have announced the completion of their merger. After over a year of preparation, the two companies are forming Raisin DS, a pioneer in the savings and investment market, servicing banks and consumers on both sides of the Atlantic.
Image of the Euro sculpture in Frankfurt
22. April 2021
Negative Rate Burden of Eurozone Banks Reaches Record High
Eurozone banks paid over EUR 8.5 billion in negative deposit rates to the ECB in 2020. The ECB’s TLTRO III program helped offset negative deposit rate charges in Southern Europe but barely compensated charges in Central European banking systems.
Worms eye view of the Eiffel Tower from a French street
24. February 2021
Crédit Agricole Consumer Finance launches cooperation with Deposit Solutions
Crédit Agricole Consumer Finance S.A. partners with Deposit Solutions to offer savings deposits products in Germany. The partnership enables the bank to distribute their savings products through the Deposit Solutions platform, which has a total customer reach of 30 million savers.
A rolled-up five Pound note
22. February 2021
Brits increase savings deposits increase by three times the growth seen in Eurozone countries amid Covid
Brits deposited an additional £145.4 billion in their current and saving accounts in 2020, a growth of 170% in year-on-year savings compared to 2019.
Wormseye view of tall, glass building and a crane
11. December 2020
Growing dependence on the ECB: Southern European banks are steering towards a funding cliff
Eurozone banks have already borrowed more than an additional 1 trillion euros in 2020 alone under the European Central Bank’s (ECB) TLTRO III operations. Calculations by Deposit Solutions show Greek, Italian, Spanish and Portuguese banks especially use TLTRO III intensively.
Close-up of a five Euro note
04. December 2020
Corona crisis: Deposit volumes of European banks rise at record speed
Deposit volume in the euro zone rose by 82 billion euros in the third quarter of 2020 – a historic high. More than 80% of the additional money is accounted for by German, French and Italian banks.
25. June 2021
Deposit Solutions and Raisin merge to form Raisin DS
FinTech companies Deposit Solutions and Raisin have announced the completion of their merger. After over a year of preparation, the two companies are forming Raisin DS, a pioneer in the savings and investment market, servicing banks and consumers on both sides of the Atlantic.
Worms eye view of the Eiffel Tower from a French street
24. February 2021
Crédit Agricole Consumer Finance launches cooperation with Deposit Solutions
Crédit Agricole Consumer Finance S.A. partners with Deposit Solutions to offer savings deposits products in Germany. The partnership enables the bank to distribute their savings products through the Deposit Solutions platform, which has a total customer reach of 30 million savers.
a modern city skyline
29. September 2020
Deposit Solutions launches in the US
New platform connects U.S. banks digitally with savers, bringing an important innovation to the $16 trillion U.S. deposit market.
A screen with the Norisbank website next to text announcing release of Norisbank ZinsMarkt
27. May 2020
norisbank launches deposit marketplace
Deutsche Bank subsidiary norisbank expands its range of products to include fixed-term deposit products from selected third-party banks.
Deposit Solutions has more than 200 partner banks and has transmitted €25B in deposits
29. April 2020
Deposit Solutions reaches new milestones
Total volume of transmitted savings deposits increases to 25 billion euros. Banco do Brasil (Austria) becomes Deposit Solutions’ 150th partner bank. New partnerships in Sweden and Lithuania mean that Deposit Solutions is now operating in 20 countries.
Reads Deutsche Bank further rolls out its ZinsMarkt marketplace next to image of an office reception
09. April 2020
Deutsche Bank and Deposit Solutions expand their partnership
Deutsche Bank rolls out its interest rate platform “ZinsMarkt” to German branch customers and Wealth Management clients.
Image of the Euro sculpture in Frankfurt
22. April 2021
Negative Rate Burden of Eurozone Banks Reaches Record High
Eurozone banks paid over EUR 8.5 billion in negative deposit rates to the ECB in 2020. The ECB’s TLTRO III program helped offset negative deposit rate charges in Southern Europe but barely compensated charges in Central European banking systems.
A rolled-up five Pound note
22. February 2021
Brits increase savings deposits increase by three times the growth seen in Eurozone countries amid Covid
Brits deposited an additional £145.4 billion in their current and saving accounts in 2020, a growth of 170% in year-on-year savings compared to 2019.
Wormseye view of tall, glass building and a crane
11. December 2020
Growing dependence on the ECB: Southern European banks are steering towards a funding cliff
Eurozone banks have already borrowed more than an additional 1 trillion euros in 2020 alone under the European Central Bank’s (ECB) TLTRO III operations. Calculations by Deposit Solutions show Greek, Italian, Spanish and Portuguese banks especially use TLTRO III intensively.
Close-up of a five Euro note
04. December 2020
Corona crisis: Deposit volumes of European banks rise at record speed
Deposit volume in the euro zone rose by 82 billion euros in the third quarter of 2020 – a historic high. More than 80% of the additional money is accounted for by German, French and Italian banks.
A London street view
21. July 2020
A fifth of Brits consider switching savings account in the next year, making the savings market a key battleground between incumbents and challenger banks
One in five (20%) British consumers are considering switching their savings account provider in the next 12 months. Consumers with different current and savings account providers are twice as likely to switch their savings account (30%) as their current account (16%) in the next year. Just 35% of respondents say they are likely to buy from their primary bank when taking out a new financial product, suggesting many are open to change.
A man operating a tilted wooden balance with three heaps of coins on it
18. May 2020
European savers deposited €43 billion in March 2020, demonstrating the resilience of the Eurozone deposit market amidst the COVID-19 crisis
Eurozone savers deposited €43 billion in March 2020, marking the eighth month where net inflows exceeded 40 billion euros since February 2019. French, Italian and Spanish savers transferred the most money to their bank accounts. German savers displayed similar behaviour during the 2008 financial crisis and the 2020 coronavirus outbreak.

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Dr. Tim Sievers
Dr. Tim Sievers
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Dr. Tim Sievers
Dr. Tim Sievers

About Deposit Solutions

Deposit Solutions is a globally recognized FinTech company and the Open Banking platform for deposits. Its proprietary Open Banking technology provides an infrastructure for the global USD 50 trillion deposit market that benefits banks and savers alike. Deposit Solutions is already connecting more than 200 banks from 20 countries on two continents. In addition, the company operates proprietary B2C Points-of-Sale (ZINSPILOT, Savedo, SaveBetter) that market selected deposit offers of its partners directly to savers in Europe and the USA. Founded in 2011 by Dr. Tim Sievers, the company is headquartered in Hamburg, has additional offices in Berlin, London, Zurich and New York. Deposit Solutions is backed by leading tech investors, such as e.ventures, Vitruvian Partners, Greycroft, FinLab, Kinnevik, Peter Thiel, Top Tier Capital Partners, Angel Investor Stefan Wiskemann as well as by Deutsche Bank AG.