The daily drama of money and work from the BBC.
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Russell Goldsmith and Brendon Craigie were joined online by Dr. Tim Sievers, CEO & Founder of Deposit Solutions, an open banking platform that, as reported in the Financial Times, reached unicorn status in September 2019 after securing a $55 million investment for a 4.9% stake from Deutsche Bank. This is the sixth episode in our special series being produced in partnership with the European PR agency Tyto and their own ‘Without Borders’ podcast, where we are interviewing leaders of companies that have reached, or are close to reaching, Unicorn status, to find out about the key issues, pain points and challenges that startups face and how they can address them with a strategic approach to marketing and communications. As we continue to record these through lockdown, due to the coronavirus pandemic, we also look at how companies are adapting to working through the Covid-19 crisis. Tim founded Deposit Solutions in 2011. The company is building a new infrastructure for the global deposit business and already connects over 150 banks in 20 countries that want to offer their customers deposit products from third party banks or collect retail funding through its open banking platform. Tim is a pioneer of the FinTech industry and remains an active contributor to the community, through his membership of the FinTech Committee of the Federal Ministry of Finance and the Digital Banking Project Committee of the Association of German Banks. Prior to Deposit Solutions, Tim worked for 10 years in private equity and technology companies.