BlueOrange starts cooperation with the "Deposit Solutions"

July 18, 2019

On July 17, 2019, BlueOrange became one of the partner banks of the major European deposit platform Deposit Solutions, thus increasing its presence in the investment services market for savers in Germany.

“Cooperation with the German middleware provider “Deposit Solutions ” is beneficial for both parties. For the Bank it provides the opportunity to reach new European customers and further strengthen its deposit base, and for German savers it creates better opportunities for deposit placement on more attractive terms. BlueOrange plans to offer deposits with the maturity of 3, 6 and 12 months with interest payments at maturity,” says BlueOrange Business Development Director Aliaksandr Zhukouski.

“Deposit Solutions” — open banking pioneer and leading international platform for savings deposits. Deposit Solutions enables banks and other partners to integrate its open banking platform into their customer offering to build their own interest marketplaces, allowing customers to use savings products from selected third-party banks without having to open new bank accounts with them.

Deposit Solutions is already connecting more than 95 banks from 17 countries, having mediated more than EUR 14 billion in deposits through their proprietary B2C channels ZINSPILOT and Savedo alone.