Tagged: raisin

Global Fintech Raisin Introduces Platform in Poland

Raisin has announced the launch of its deposits platform in Poland. The platform is designed to bridge the gap between Polish savers and “a network of European banks, utilizing Raisin’s proprietary cross-border savings technology and online marketplace.” Raisin simplifies access to diverse deposit products “across… Read More

Chase and Bank of America Offer a Measly 0.01% Savings Interest Rates, Raisin Promotes a 5.42% Offer

Mr. Potter Banker Banking (1)

  Chase and Bank of America are the big losers when it comes to providing a savings rate for their account holders. Currently both Chase and B of A offer a interest rate on their savings account of a measly 0.01% (APY). What do you… Read More

UK’s LHV Bank Expands into Personal Savings via New Partnership

LHV Bank, the UK’s newest licenced bank, announces a new partnership with the online savings platform Raisin UK. This move marks LHV Bank‘s first step into the personal savings market “ahead of the planned launch of its direct-to-consumer savings offering in 2024.” Erki Kilu, CEO… Read More

Berlin-based Fintech Savings Platform SaveBetter Rebrands as Raisin

The final phase of a multi-stage process is now complete, and online savings platform SaveBetter has officially rebranded as Raisin. This change comes as the Berlin-headquartered Fintech platform “streamlines its identity across all markets to capitalize on brand awareness.” Globally, Raisin operates “as a free… Read More

Berlin based Fintech Raisin Appoints Cetin Duransoy as CEO for US Division

Berlin-based Fintech Raisin has appointed Cetin Duransoy as the new CEO of Raisin US, effective 1 May 2023. Cetin Duransoy reportedly “brings over 20 years of experience, having served in senior positions at companies including Capital One and Visa.” Before joining, Cetin served “as president… Read More

Berlin-based Fintech Raisin Announces €60M Series E

The Berlin-based Fintech Raisin has raised €60 million in a series E funding round, from existing and new investors. The global savings and investment specialist recently “exceeded 1 million customers, for which a total of €850 million in interest has been generated since founding the… Read More

Raisin Reports $30 Billion in Assets Under Management, Including Topping $1 Billion in the US

Raisin, a global Fintech that offers a marketplace for savers as well as other services, has reached $30 billion in assets under management (AUM). This includes surpassing $1 billion in AUM in the US, operating under the SaveBetter brand. According to a statement by the… Read More

Raisin Teams Up with Embedded Banking Fintech ClearBank to Enhance UK platform

Raisin, which claims to be the global leader for the savings and investment market, has announced the migration of its UK platform ClearBank, the “enabler of secure accounts, real-time clearing, and embedded banking for financial institutions.” ClearBank will “underpin the FSCS protected account Raisin UK… Read More

Fintech Raisin Moves into Crypto with New Service “Raisin Crypto,” Kicks Off in Germany

Raisin, a European savings optimizer service that also operates in the US, has announced Raisin Crypto with the new offering first being launched in Germany under the Weltsparen brand. Raisin operates in the US under the SaveBetter brand. The Berlin-based Fintech crypto offering is designed… Read More

Federal Reserve: Interest Rates Poised to Increase; How Does this Impact Consumers?

The Federal Reserve is meeting this week to determine interest rates and the odds on favorite is for a 75 basis point increase to the benchmark rate. While it could go higher – perhaps 100 bps – most market observers believe 75 bps is already… Read More

Frankfurt’s Raisin Bank AG Enters the Payments Business

Frankfurt-based Raisin Bank AG is expanding its business to include payments. To this end, the Banking-as-a-Service (BaaS) provider is “acquiring the payment services division of Bankhaus August Lenz & Co. AG.” With the acquisition, Raisin Bank will “expand its product range by payment services and… Read More

Raisin Tops €25 Billion in Assets Under Management

Raisin, a Fintech providing a savings marketplace across Europe and elsewhere, has surpassed €25 billion in assets under management (AUM). The Berlin-based financial services firm says its business model is booming during an economically uncertain time as many people have discovered the savings platform products… Read More

Europe Report: Deposit Inflows Fall Off a Cliff, According to Raisin

Raisin, a European digital bank and savings Fintech, has distributed a report on the European savings market claiming deposit inflows have “fallen off a cliff” after record increases. The analysis provided by Raisin indicates that the savers from the eurozone are saving money at a… Read More

Secured Lending Platform EstateGuru Partners with Raisin Bank, Goal is to Provide Over €200 Million in Loans

EstateGuru, a marketplace lending platform that provides secured loans pairing investors with borrowers, has signed a partnership with Raisin Bank – a banking as a service provider operated by global Fintech Raisin. According to EstateGuru, the Frankfort-based Raisin Bank will provide services to Estate Guru’s… Read More

European Interest Rates Show Unique Spreads: Raisin Analysis

An analysis of European interest rates by Raisin DS shows what you earn depends on where you live. The average rate in Germany hit a recent low of -0.04 per cent, according to the ECB. The Spanish see a meager 0.01 per cent but the… Read More

Europe: Savings Interest Rates Hit Record Lows According to ECB Data

Savings interest rates have hit record lows says Raisin citing ECB data. According to the ECB, retail interest rates in the eurozone have dropped to 0.16% on average, the lowest average interest rate on record.  If you are a corporation, things get worse as businesses… Read More

Germany based Fintech Firms Raisin and Deposit Solutions Merge Operations to Form B2C Savings focused Company

Germany-based Fintech firms Raisin and Deposit Solutions have reportedly decided to merge their operations in order to establish a new company in the business-to-consumer or B2C savings sector. Deposit Solutions currently operates deposit marketplaces for more than 150 partners, such as large institutions including Deutsche… Read More

Berlin’s Deposit Marketplace Raisin Is Expanding Business Operations into the US with MapleMark Bank Partnership

Berlin-headquartered deposit marketplace Raisin has officially launched its operations in the US by teaming up with its first partner bank. MapleMark Bank has reportedly become the first US-based banking institution to integrate Raisin’s Savings-as-a-Service software on its digital platform. By leveraging the technology, MapleMark customers… Read More

German Fintech Raisin Crosses Billion Euro ETF Threshold

European wealth management fintech Raisin has crossed one billion euros in assets under management, largely on the strength of its growing business in Germany. Over the past six months, German investments have surged by 35 percent as investors access Raisin’s ETF investment products, an area… Read More

Fintech Raisin Announces “Hybrid-Robo” for German Investors, Adds ESG Product Line

Raisin, has launched a new “hybrid-robo” ETF configurator in Germany for individual investors. In a note from the company, Raisin is said to be focusing on mid to long-term investing, with a fully automated manager that enables individuals to shape their investments to a greater… Read More

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