Tagged: raisin

PEAC Bank to Offers Fixed-term Products via Raisin

PEAC Finance, a new bank, has partnered with Raisin’s German deposits platform WeltSparen to offer a savings marketplace. The Hamburg, Germany-based PEAC (or Pan-European Asset Company) Finance Group was granted a banking license by the German Federal Financial Supervisory Authority in December of 2020. The… Read More

Deposits Marketplace Raisin Expands into Italy in Partnership with Banca Sella

Raisin, a top European Fintech that has created a highly successful deposits marketplace, has expanded its services into Italy in a new partnership with Banca Sella. Founded in 1886, Banca Sella is the retail and commercial bank of Sella Group, Italy’s largest privately owned and… Read More

Penta Teams Up With Raisin to Introduce Overnight & Term Deposits From WeltSparen

  Digital banking group Penta announced on Thursday it has teamed up with Raisin to introduce overnight and term depots from WeltSparen. Penta reported that the partnership will enable better interest rates on business accounts for its customers, which is now more than 22,000 small… Read More

Embedded Finance: Raisin Reports Topping UK Growth Target in Spite of COVID

Raisin, a European Fintech that leverages open banking to offer a deposit marketplace, says growth in the UK has topped expectations in spite of the ongoing COVID-19 health challenge. Raisin claims it is going “against trend” and has passed its 2020 annual growth target of… Read More

Germany: Fintech Raisin Partners with Procheck24 on Offering for Deposit Solutions

Procheck24, Germany’s largest financial product broker, is collaborating with Raisin to offer a “novel” deposits solution for financial institutions. According to a note from Raisin, its services will now be made available via Procheck24’s 60,000 business partners including client banks. Raisin is an open banking… Read More

Raisin Announces New Partnership With Financial Resource Platform Finect

Cross-border savings and investments marketplace Raisin announced on Monday it has joined forces with interactive financial resource platform Finect on competitive savings to help Spanish depositors beat low-interest rates. Raisin reported that by integrating its offers, Finect connects users to a wide range of banking… Read More

Klarna Partners With Raisin to Launch Cooperation in Germany

Payment processing platform Klarna has teamed up with deposits marketplace Raisin to launch a cooperation in Germany. Raisin reported that by partnering with the Berlin-based fintech Klarna is further expanding into the German savings market. “In a first for Klarna, and available exclusively to Raisin’s customers… Read More

Raisin: Savings Rates Rise During COVID Even While Interest Rates Drop

Fintech Raisin has distributed a report on European interest rates. Raisin provides a service that enables consumers to compare and select higher rate return savings accounts. Raisin notes that the savings rate has risen during the COVID-19 crisis, meanwhile inflation and interest rates are down,… Read More

Igal Rotem: Founder of Fintech Credorax Discusses Business Continuity Plans During COVID-19 Crisis

The economic downturn due to the Coronavirus (COVID-19) has led to small businesses re-evaluating their operations and business plans, in order to survive during these challenging times. Fintech firms and digital banks have been forced to lay off their employees as they try to cut… Read More

Raisin Unveils Savings as a Service Software For U.S. Banks & Credit Unions

Cross-border savings and investments marketplace Raisin announced on Tuesday it has launched its first U.S. based product, the Raisin Savings as a Service software. According to Raisin, the software will help banks and credit unions quickly and easily offer customized time-deposit products and drive cost-effective… Read More

Amsterdam-based Banking Challenger Finom Secures €6.5 Million in Seed Funding via Round led by Target Global

Amsterdam-based banking challenger Finom, which aims to serve entrepreneurs and SMEs, has secured €6.5 million in seed funding through an investment round led by Target Global. General Catalyst, FJlabs, the Raisin founders Frank Freund, Tamaz Georgadze, and Michael Stephan also took part in Finom’s funding… Read More

Fintech Raisin Launches its First Cooperation in the Private Banking Sector, with German Financial Service Provider, Hauck & Aufhäuser

Germany’s private banking customers who have an account with Bankhaus Hauck & Aufhäuser will now be able to access various third-party deposit products that are being offered through a partnership with Fintech firm Raisin’s German deposits platform (www.WeltSparen.de). According to a release, Hauck & Aufhäuser… Read More

Cross-Border Savings and Investment Marketplace Raisin Surpasses €20 Billion in Deposits

Berlin-headquartered Raisin, a cross-border savings and investment marketplace, has confirmed the strategic placement of more than €20 billion with banks based in 25 different countries. Raisin’s management noted that it’s currently managing an investment volume of more than €500 million.  Raisin also announced that it… Read More

Raisin Announces Acquisition of Software Company Choice Financial Solutions

Cross-border savings and investments marketplace Raisin announced on Wednesday it is acquiring software company Choice Financial Solutions. Raisin reported that the acquisition will make its first real innovation to the U.S. deposits market in generations broadly accessible to banks across the country. “Raisin will license… Read More

Credorax Teams Up With Raisin to Offer Exclusive Banking Products in the German Market

Credorax, a fintech bank and smart payments provider, announced on Tuesday it has teamed up with Raisin to offer retail deposits to Raisin customers in Germany. Credorax reported that the partnership marks the launch of its first banking products in the region. “Through this partnership,… Read More

Fintech Raisin Adds Naqoda’s Tax Engine Solution to Provide Tax Calculations

Fast-growing Fintech Raisin has integrated Naqoda’s tax engine solution. Raisin is a Fintech that provides access to higher interest savings accounts in multiple countries. Naqoda provides a multi-country software solution for the calculation and reporting of interest income tax and capital gains tax. Raisin states… Read More

Yolt Now Provides Access to Raisin with Integration of Savings Accounts

In partnership with Raisin, Yolt has launched access to competitive savings accounts in the UK, Italy and France. Raisin announced a new relationship with Yolt this past summer. Yolt users may now apply for a Raisin account accessing a range of deposit products, select from… Read More

Raisin Announces Launch in Ireland

Cross-border savings and investments marketplace Raisin announced on Tuesday it has launched its services in Ireland. The platform claims that it launches with the “best-in-market” interest rates on most term deposits, finally propelling Ireland out of the last place on Europe’s retail interest rate ranking…. Read More

Scalable Capital Announces New Partnership With Raisin

Digital asset manager Scalable Capital announced on Friday it has formed a new partnership with European cross-border savings platform Raisin. According to Scalable Capital, customers with a portfolio account at Baader Bank can invest in fixed-term deposits with select European banks as part of a… Read More

Fintech Raisin: Retail Savers Aren’t Safe as ECB Goes Negative with Rates

Raisin, a Fintech platform that allows users to find the best savings interest rate regardless of location, has issued a statement on the European Central Bank’s (ECB) move to drive rates lower. Raisin, commenting on the EBCs recent rate cut, said that “tensions abroad and… Read More

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