Raisin, a savings and investment Fintech, has launched in Finland.
Raisin allows users, including individuals and client banks, to search for the highest rate of returns for savings accounts. In some regions, Raisin offers other investment opportunities. Raisin reports over €70 billion in deposits facilitated via its platform.
Raisin states that in Finland, it will be working with BlueOrange (Latvia), EuroExtra (Germany) and Rediem Capital (neighbouring country Sweden). The relationships will enable Raisin to provide a selection of high-yield savings options for Finnish consumers.
All partner banks comply with EU financial regulations, and deposits are protected under the EU-wide harmonized deposit guarantee schemes up to €100,000 per customer.
Dr. Tamaz Georgadze, CEO and co-founder of Raisin, says the launch marks an important step in bringing their vision to a new market.
“Raisin has grown into a leading global FinTech, established in ten markets, including Germany, the Netherlands, the UK, and the USA. More than half of our growth comes from international markets, with over €70 billion in assets managed for more than one million customers.”
This is Raisin’s tenth national platform. Future regions are anticipated.
