Open Banking as a FinTech Opportunity

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  • 01 mins 19 secs
Vested's Emma Clarke explains how open banking could be an opportunity for fintech investors. Deutsche Bank has taken a 5% stake in Deposit Solutions, an open-banking fintech company that allows retail banks to offer their customers deposit products from other institutions, seamlessly on one digital platform. The investment makes Deposit Solutions Germany’s second-largest unicorn, with a valuation of $1.1 billion U.S. dollars.

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