When was Deposits founded?

Deposits was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Deposits located?

Deposits is headquartered in Dallas, United States.

How many employees does Deposits have?

As of Aug 31, 2026, the latest employee count at Deposits is 13.

Is Deposits a funded company?

Deposits is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 23, 2022.

When was the latest funding round of Deposits?

Deposits' latest funding was a $***** Seed round on Aug 23, 2022, with participation from 3 investors.

Where does Deposits rank among its competitors?

Deposits ranks 98th amongst 224 active competitors, of which 79 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Belvo, which secured $15M in Apr, 2025.

Who are the top competitors of Deposits?

Deposits' top competitors include Yodlee, Mambu and Plaid. Among them, Belvo secured the most recent funding round in April, 2025.

Deposits - 2026 Company Profile, Funding & Competitors

Company Details

Provider of embedded banking infrastructure and payment solutions. This company offers scalable solutions for account funding, payouts, digital wallets, bank accounts, and card issuing. Its platform includes features such as compliance automation, risk management tools, and a flexible connectivity model supporting various integration methods (API, iframe, etc). The services are designed to facilitate seamless financial experiences for businesses across diverse industries, including fintech, banking, and various other sectors. The company provides real-time digital disbursements and supports various payment types, including P2P transactions. A streamlined back-office console allows for efficient management of payment flows and customer data.

Website: deposits.inc
Social
Email ID: *****@deposits.inc
Part Of

Key Metrics

Founded Year

2021

Location

Dallas, United States

Stage

Acquired

Total Funding

$5M in 1 round

Latest Funding Round

Seed, Aug 23, 2022, $*****

Investors

ATX Venture Partners & 3 more

Ranked

98^th among 224 active competitors

Employee Count

13 as on Aug 31, 2026

Similar Companies

Yodlee & 189 more

Exit Details

Acquired by Ingo Money (Sep 05, 2024)

View Deposits' full profile

Deposits got acquired by Ingo Money on Sep 05, 2024.

Click here to take a look at Deposits's acquisition in detail

Deposits has raised a total funding of $5M over 1 round. Its latest funding round was a Seed round on Aug 23, 2022 for $*****. 3 investors participated in its latest round. Deposits has 4 institutional investors.

Here is the list of recent funding rounds of Deposits:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 23, 2022	2037648	Seed	5867516	1753999	2114761	9525896

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Deposits' employee count trend

Deposits has 13 employees as of Aug 26. Here is Deposits's employee count trend over the years:

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Top competitors of Deposits include Yodlee, Mambu and Plaid. Here is the list of Top 10 competitors of Deposits, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Yodlee 1999, Redwood City (United States), Acquired	Provider of cloud-based financial data aggregation and analytics	$84.3M	Accel, Sequoia Capital & 17 others	74/100
2nd	Mambu 2011, Amsterdam (Netherlands), Series E	Provider of cloud banking platform delivering composable banking and financial experiences	$446M	TCV, EQT & 15 others	73/100
3rd	Plaid 2012, San Francisco (United States), Series E	Provider of a network for connecting financial accounts to applications	$1.32B	New Enterprise Associates, Spark Capital ... & 73 others	69/100
4th	MX 2010, Lehi (United States), Series C	Provider of data-driven analytics and open banking API for businesses	$610M	Battery Ventures, Album VC & 36 others	69/100
5th	Codat 2017, London (United Kingdom), Series C	Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses	$172M	Tiger Global Management, American Express ... & 52 others	69/100
6th	Belvo 2019, Sao Paulo (Brazil), Series A	Developer of open banking API solutions	$74.3M	Kaszek, Kibo Ventures & 28 others	68/100
7th	Lean 2019, Riyadh (Saudi Arabia), Series B	Provider of open banking platform for financial data and payments	$104M	General Catalyst, Raed Ventures & 28 others	68/100
8th	Bud 2015, London (United Kingdom), Series B	Developer of open banking API and financial data analysis for businesses	$103M	Goldman Sachs, HSBC & 41 others	67/100
9th	Moneyhub 2011, Bristol (United Kingdom), Public	Personal finance management tools for individuals and enterprises	$83.6M	SPWOne, Legal & General Investment Management ... & 7 others	64/100
10th	Finicity 1999, Salt Lake City (United States), Acquired	Open banking aggregation API solutions	$80M	Experian, Angelneers & 2 others	63/100
98th	Deposits 2021, Dallas (United States), Acquired	Provider of embedded banking infrastructure and payment solutions	$5M	ATX Venture Partners, Lightspeed Venture Partners ... & 2 others	34/100