Deposit Solutions
Provides the leading Open Banking platform connecting banks & depositors.
Launch date
Market cap
-
Enterprise valuation
€1.0b (Public information from Sep 2019)
Company register number HRB 118186 (Hamburg)
Hamburg Germany (HQ)
Financials
Estimates*
| EUR | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenues | - | - | 2.8m | 5.7m | 14.4m | 18.6m | 16.9m |
| % growth | - | - | - | 106 % | 150 % | 29 % | (9 %) |
| EBITDA | - | - | (6.0m) | (10.0m) | - | - | - |
| % EBITDA margin | - | - | (215 %) | (175 %) | - | - | - |
| Profit | (<1m) | (1.8m) | (6.4m) | (10.4m) | (17.5m) | (23.4m) | (16.8m) |
| % profit margin | - | - | (231 %) | (180 %) | (122 %) | (126 %) | (99 %) |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | Seed | |
€5.5m | Early VC | ||
* | €6.5m | Series A | |
* | €15.0m Valuation: €110m | Series B | |
* | $20.0m | Series C | |
* | $100m Valuation: $500m 79.1x EV/LTM Revenues -45.3x EV/LTM EBITDA | Series D | |
* | €50.0m Valuation: €1.0b 69.5x EV/LTM Revenues | Series E | |
* | N/A | Merger | |
| Total Funding | €186m | ||
