Open Banking Pioneer Deposit Solutions Closes New Investment Round Of USD 100m Led By Vitruvian Partners And Sees Valuation Exceed USD 500m
Open Banking Pioneer Deposit Solutions Closes New Investment Round of USD 100m Led by Vitruvian Partners and Sees Valuation Exceed USD 500m
•Vitruvian Partners, Kinnevik and existing shareholders invest USD 100m at a valuation of USD 500m
•Additional funding cements Deposit Solutions' position as the leading international platform for savings deposits
•Investment follows another period of record performance for Deposit Solutions having successfully scaled its core B2B bank partnerships and transmitted more than EUR 9 billion in its B2C business alone
HAMBURG, Germany, August 16, 2018-- Deposit Solutions, the Open Banking pioneer and leading international platform for savings deposits, announced ...