Case Study: Deposit Solutions builds Europe’s largest open banking platform with Technoidentity

Deposit Solutions processes €35B+ in deposits with TechnoIdentity

Deposit Solutions, a leading European fintech, faced the challenge of scaling its pan-European savings marketplace. Their monolithic legacy architecture could no longer handle the operational and compliance demands, requiring custom engineering for each new partner bank and creating manual, error-prone processes. They partnered with Technoidentity to architect a new open banking platform that was secure, resilient, and compliant.

Technoidentity designed and built a cloud-native, event-driven Open Banking Backbone for Deposit Solutions. The solution used microservices and standardized APIs to automate transaction flows, ensure full regulatory traceability, and accelerate partner onboarding. The results were significant, with the platform now processing over €35 billion in deposits, connecting 200+ partner banks, serving 30 million+ savers, and operating across 20+ countries with error-free, transparent processes.

Deposit Solutions