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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
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 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 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.
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.
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.
Logo of M.M.Warburg & CO bank
16. January 2020
Deposit Solutions closes partnership with M.M.Warburg & CO
Independent private bank M.M.Warburg & CO offers clients access to selected deposit products from third-party banks.
Logo of Deposit Solutions
30. December 2019
Deposit Solutions announces changes to its management team
Hamburg-based FinTech Deposit Solutions announces changes to its management team.
Logo of Deutsche Bank
19. September 2019
Deutsche Bank acquires a 5 percent stake in Deposit Solutions
Deutsche Bank to benefit from the expected growth in valuation of the Hamburg-based FinTech and to expand its Zinsmarkt deposit offering. Dr. Tim Sievers, CEO and founder of Deposit Solutions: “This is the first time we have allowed one of our clients to acquire a stake in our company.”
Logo of Merck Fink Privatebankiers
20. August 2019
Private Bank Merck Finck joins the Open Banking platform of Deposit Solutions to offer clients third-party deposit products
Private bank integrates Deposit Solutions’ Open Banking platform to offer clients selected deposit products from third-party banks
Logo of Close Brothers Limited
19. August 2019
Deposit Solutions enables Close Brothers Limited to collect euro retail deposits from Switzerland
Deposit Solutions, open banking pioneer and leading international platform for savings deposits, partners with Close Brothers Limited to offer savings deposit products on its Swiss direct B2C channel, Savedo.
Logo of Yes
02. July 2019
New FinTech cooperation: Deposit Solutions extends its open banking platform for savings deposits with yes® customer identification
European Central Bank in Frankfurt against the Frankfurt skyline in the evening
21. January 2020
Eurozone banks have paid the European Central Bank 25 billion euros in negative interest charges since 2014, despite new tiered rate
German and French banks have shouldered the burden of the ECB’s (European Central Bank) negative interest rate policy, with the two countries paying nearly 60% of all charges last year.
06. June 2019
European banks have paid over EUR 20 billion to the European Central Bank since the introduction of negative interest rates five years ago
Research reveals European banks have transferred EUR 21.4bn to the ECB since the launch of the negative interest rates. This burden is not shared equally across Europe with German, French and Dutch banks bearing almost 70% of Eurozone interest charges.

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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.