Deposits
Latest round
- Seed
Last raised
- Aug 2022
Total raised
- $5M
Investors
- 3
About Deposits
Founded in 2019, and based in Texas, US, Deposits Inc. operates as a provider of a cloud-based financial platform. The company was founded by its CEO, Joseph Akintolayo, and COO, Daniel Paramo. In August 2022, Deposits Inc. Deposits offer financial service providers like banks, credit unions, insurers, employment services, and retailers with a cloud-based plug-and-play, no-code banking-as-a-service (BaaS) platform. Users of the platform can quickly create and launch financial services such as mobile apps, online account opening, identity verification, debit and credit accounts, mobile deposits, virtual cards, peer-to-peer payments, and services for house and vehicle loans for their customers. The company provides a range of plug-and-play options with its platform, including Money Kit, a toolkit to launch fintech products, and Banking Kit, a suite of digital banking platforms and widgets. Identity Kit is a security-based digital banking solution, and Commercial Kit is a low-code commerce and checkout solution for e-commerce businesses.
Who invested in Deposits
3 investors across 1 round
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Funding rounds
Seed
Aug 23, 2022
Amount
$5M
Investors
Questions about Deposits
Who invested in Deposits?
Deposits has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Deposits raised?
Deposits has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Deposits last raise money?
Deposits's most recent round on record is a Seed, in Aug 2022.
What does Deposits do?
Founded in 2019, and based in Texas, US, Deposits Inc.
Where is Deposits headquartered?
Deposits is headquartered in Dallas, US.
Which VCs invest in companies like Deposits?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it infrastructure companies at Deposits's stage. Their profiles are linked below.
VCs backing it infrastructure startups at Seed
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