a year ago
Flagstone Secures £108 Million Investment from Estancia Capital Partners
Flagstone, a UK cash deposit platform, has secured a £108 million equity investment from Estancia Capital Partners, a US financial services specialist private equity firm
The investment will allow Flagstone to expand its market leadership position through organic growth, partnerships, and acquisitions
Estancia's investment will also reward Flagstone's early backers with a significant return on their investments.
ProblemFinancial Services
"Savers in the UK have struggled to find competitive rates on their cash deposits, often needing to open multiple accounts across different banks and financial institutions. This is a time-consuming and cumbersome process, especially for those with larger sums of money. "
Solution
"Flagstone provides a centralized platform that allows savers to access and manage multiple cash savings accounts in one place. They partner with a wide range of UK banks and financial institutions to offer a diverse selection of savings products, making it easy for savers to compare rates and find the best options for their needs. Their platform integrates seamlessly with fintech platforms and financial advisors, making it a convenient solution for both individuals and businesses."