Depoway is a free mobile app, tailored to your lifestyle, that will allow you to use savings products in the way that suits you best.
We're a young, ambitious team driven by the vision of changing the way we think about managing our savings. We believe that this process shouldn’t be as difficult as it is nowadays. Our main aim is to develop a solution through which we will take from bank savings products what’s the best and forget the rest.
We are committed to making the world a green place, that’s why we’ve established a partnership with One Tree Planted. Each person that joins our waitlist plants one tree. Each referred friend and social share are other trees planted. Together we can work on rebuilding the natural habitat of Australia which was terribly hurt by wildfires in the beginning of 2020.
Get free and unlimited top-ups and withdrawals. Get highest interest rate on the market without any catchy bonuses or time-restrictions.
Our smart AI algorithms will help you to manage your savings wisely and hassle-free to get more money for you.
With us, you will not incur any fees - we believe that savings account is for earning interest for you and not for your bank.
Do you really love and need to maintain multiple savings accounts or follow deposit & withdrawal restrictions just to get a higher interest rate for your savings?
We don't think so! Thanks to the technology we can say NO to the biggest banks who pay us almost nothing for holding our hard-earned savings and to conditions we need to follow to get a better rate.
That's why Depoway was born.
Keeping money at the same time in multiple UK banks where it's protected with up to £85,000 per bank means much higher overall deposit protection limit offered by the Financial Services Compensation Scheme (FSCS) for you.
We are a distributor of electronic money on behalf of Modulr FS Limited. Our reference number 902977. Modulr FS Limited is authorized by the Financial Conduct Authority as an Electronic Money Institution (FRN: 900573).
Our bank-level security protects your sensitive personal information and prevents unauthorised use. We never share your data with any other parties without your clear consent.
182-184 High Street North,
E6 2JA, London
Depoway Savings app is offered by Depoway Ltd. Depoway Ltd is a private company limited by shares incorporated in England and Wales with the company number 12820673. The registered office address is at Office 300b, 182-184 High Street North, E6 2JA London, UK.
Depoway has been appointed as a distributor of electronic money on behalf of Modulr FS Limited. Modulr FS Limited is authorised by the Financial Conduct Authority as an Electronic Money Institution (FRN: 900573). Modulr FS Limited is registered at Scale Space, 58 Wood Lane, London, W12 7RZ, UK.
Trademarks, trade names and logos are displayed as registered trademarks of their respective owners. They do not imply affiliation to or support for Depoway.
© 2021. All rights reserved.
Customer funds are held by Depoway in trust on its behalf with savings accounts provided by Depoway partner banks. These are insured by the Financial Services Compensation Scheme (FSCS). Customer funds are insured by the FSCS up to 85,000 GBP per bank. However, it should be noted that this insurance limit applies to all customer funds held in a given bank, including those outside the Depoway Savings app. The customer is obliged to control their funds covered by the insurance in a given bank. For more information on FSCS insurance, please visit here.