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Flagstoneim

London, GB · Founded 2013 · 393 employees on LinkedIn · 8 known investors

Flagstone is a UK savings platform that connects individual savers with over 65 banks and 5,000+ financial advisers to help them maximize returns on their deposits. The platform serves savers aged 18+ with UK bank accounts and £10,000 minimum deposits seeking better interest rates on their savings.

Also known as Flagstone · Flagstone Group Ltd

Investors · 8

Also in the syndicate · 4

Estancia Capital PartnersleadMoneysupermarket GroupMoneysupermarket Group plcVentureFounders

Company profile

researched Aug 2026

Flagstone Group Ltd is a London-based financial technology company that runs a cash deposit platform. Through a single application and login, clients can open and manage savings accounts across more than 65 UK banks and building societies, including instant access, notice and fixed-term products, as well as a cash ISA that allows multiple tax-free accounts with different banks within one wrapper. Cash is held in an FSCS-eligible holding account before being deposited into chosen savings accounts, and the platform is used to spread deposits to maximise FSCS protection (up to £120,000 per client per UK banking group, £240,000 for joint accounts, with qualifying temporary high balances covered up to £1 million for six months).

The company serves individual and joint savers, businesses, charities, SIPPs, SSASs and trusts, and financial advisers, and operates a separate international proposition. Product coverage extends across GBP, USD and EUR deposits for business clients. Flagstone states that it is not a bank, a comparison site or a wealth adviser: banks list accounts, including exclusive rates, on the platform, and Flagstone does not provide financial advice.

Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cash held on platformJan 202619,000,000,000 GBP
Clients on platformJan 202675,000 clients
EmployeesJul 2026393 employees
Estimated annual revenueJul 2026$50M - $100M
HeadcountAug 2026393
Minimum deposit to open an accountJan 202610,000 GBP
Monthly website visitsJan 202641,000 visits/month
Partner banks on platformJan 202665 banks
Total funding raisedJan 2026$152.1M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 4

by search overlap

Companies competing with Flagstoneim for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 10

launches, deals, and filings
Jul 2026
Bank ABC launches exclusive business savings account on Flagstone

Bank ABC launched an exclusive six-month fixed-term business savings account on the Flagstone platform at 4.09% AER, continuing its partnership providing deposit products in GBP, USD and EUR.

source ↗

May 2026
Research collaboration with Cebr

Economics consultancy Cebr partnered with Flagstone on independent economic analysis.

source ↗

Mar 2026
Cash ISA launch

Flagstone launched a cash ISA, positioned as a rival to Hargreaves Lansdown's offering.

source ↗

Jan 2026
Arman Tahmassebi appointed chief executive

Flagstone appointed Arman Tahmassebi as chief executive as co-founder Simon Merchant stepped down from the role for health reasons.

source ↗

Jul 2025
Chetwood Bank offers limited-time fixed-term rates via Flagstone

Chetwood Bank, in collaboration with Flagstone, offered limited-time fixed-term savings rates across short- and medium-term durations.

source ↗

May 2025
Intelliflo partnership for adviser client reporting

Intelliflo partnered with Flagstone so advisers can add valuations more seamlessly and improve efficiency in client reporting.

source ↗

Mar 2024
£108M ($138m) equity investment from Estancia Capital Partners

Estancia Capital Partners, a US financial services private equity firm, took a minority stake in Flagstone via a £108 million equity investment to support expansion of its savings product line.

$138M source ↗

May 2020
$15M (£12m) venture round led by OMERS Ventures

Round led by OMERS Ventures with participation from existing investors Kindred Capital and Moneysupermarket Group plc, to expand the cash deposit marketplace in the UK.

$15M source ↗

Jan 2020
Revolut partners with Flagstone for UK savings vaults

Revolut launched a savings vaults feature for UK users in partnership with Flagstone.

source ↗

May 2019
Raised £11m in growth funding

Flagstone raised £11m in growth funding from backers including Kindred Capital, VentureFounders, Moneysupermarket Group and individual investors.

$14.1M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Flagstoneim do?
Flagstone operates a UK cash deposit platform giving savers access to accounts at 65+ banks through a single application.
Who are Flagstoneim's investors?
Flagstoneim's investors include Kindred Capital, OMERS Ventures, Venture Founders, Volution Ventures.
Where is Flagstoneim headquartered?
Flagstoneim is headquartered in London, GB.