London, United Kingdom
DepositBook UK, founded in 2017, presents itself as a game-changer in the Financial Services, Fintech, and Banking industries. The company, based in the United Kingdom, operates as a global marketplace specifically targeting wholesale deposits. Through its platform, DepositBook UK connects Global Banks, Large Corporates, and Financial Institutions by facilitating high-value deposit transactions.
The platform serves as an open banking channel where banks can leverage a free distribution network to curb their cost of funds, broaden their customer base, and sidestep the often costly account management procedures. Importantly, it allows users to gain market intelligence by observing pricing trends among global peers without requiring IT integration.
The company's strategic partnership with Bank of Singapore for custodian services and Meteor Asset Management further anchors its capabilities. An integral player since its Seed Round investment in 2019, BRS Ventures Investment has backed DepositBook's innovative approach to transforming wholesale deposit markets.
