Tagged: tamaz georgadze

July 21, 2021 @ 11:49 am By JD Alois  |  

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

January 13, 2021 @ 10:10 am By JD Alois  |  

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

December 2, 2020 @ 2:38 pm By JD Alois  |  

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

March 27, 2020 @ 8:43 am By Omar Faridi  |  

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

October 8, 2019 @ 8:11 am By JD Alois  |  

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

August 27, 2019 @ 7:56 am By JD Alois  |  

Raisin, a Fintech that provides an online marketplace for savers seeking better returns, has acquired fairr a retirement savings Fintech. Both companies are headquartered in Germany. The acquisition by Raisin comes following a recent funding round of €25 million from Goldman Sachs. The terms of… Read More

July 16, 2019 @ 8:19 am By JD Alois  |  

Raisin, a Germany-based Fintech that has rapidly grown in popularity across the continent, has received a €25 million from Goldman Sachs. Raisin announced its intent to cross the Atlantic this past May and enter the US market. Raisin is a Fintech that enables savers to… Read More

June 7, 2019 @ 3:06 am By JD Alois  |  

Fintechs Raisin and Yolt have formed a new partnership. Yolt is a “smart thinking money app” claiming more than 900,000 registered users. Raisin is a savings marketplace that enables users to capture higher returns on their parked cash without geographical constraints. Raisin will now provide… Read More

May 9, 2019 @ 9:11 am By JD Alois  |  

Fintech Raisin has announced that Orange Digital Ventures is participating in their €100m Series D fundraising round alongside existing investors Index Ventures, PayPal, Ribbit Capital, and Thrive Capital. Orange Digital Ventures is the VC branch of Orange, one of the largest telecommunications companies in the… Read More

March 7, 2019 @ 4:30 am By JD Alois  |  

This is a story that has only happened a couple of times. A Fintech, Raisin, has purchased a traditional bank, according to a release from the firm. Raisin recently closed on €100 million funding round. The acquisition of MHB of Frankfurt by Raisin is still… Read More

January 30, 2019 @ 8:41 am By JD Alois  |  

Fintech Raisin has announced a new partnership with Santander Spain with an “Open Banking Agreement” which allows customers to authorize the bank to share with Raisin defined data for the registration process, including a customer’s name, date of birth, ID or contact details. Thus, registration… Read More

December 14, 2018 @ 8:59 am By JD Alois  |  

Fintech Raisin has distributed an update on platform progress since the company launched five years ago. The creation of CEO Dr. Tamaz Georgadze, the Berlin-based firm has now helped their customers earn over €80 million in interest during a historically low-interest rate environment. PayPal, Index Ventures, Ribbit Capital… Read More

June 25, 2018 @ 7:01 am By JD Alois  |  

Fintechs Banco BNI Europa and Raisin have furthered the collaboration between the two firms. Banco BNI Europe says it has entered into a cooperation to allow Portuguese savers to gain access to the best savings rates available from across Europe. BNI Europa Executive Chairman Pedro… Read More

February 15, 2018 @ 1:00 am By JD Alois  |  

BinckBank N.V.  is poised to disrupt the Dutch savings market as the online bank will be the first to offer its clients access to European savings products via a partnership with Raisin. BinckBank serves more than 614,000 account holders with assets of € 22.7 billion as of… Read More

January 25, 2018 @ 7:52 am By JD Alois  |  

Launched just four years again, Fintech platform Raisin has become an unqualified success. Today, the company is announcing that it has topped €5 billion in savings deposits having doubled the amount of accounts in just one year. Raisin, based in Germany, allows users to surf savings… Read More

December 20, 2017 @ 10:50 am By JD Alois  |  

Raisin, a unique financial marketplace that empowers savers to access the best interest rates across Europe, has received a strategic investment from global payments platform PayPal (NASDAQ:PYPL). This is an interesting development for Berlin based Raisin and a further validation of their disruptive service. Raisin… Read More

September 20, 2017 @ 11:52 am By JD Alois  |  

  Raisin GmbH is growing rapidly and today the “European Deposit Marketplace” is moving into the UK with the acquisition of PBF Solutions. The company’s intent is to give UK savers a better choice for saving their money with their Fintech platform. Raisin GmbH has… Read More

September 15, 2017 @ 2:26 am By Therese Torris  |  

Pan-European marketplace Raisin continues its trailblazing expansion. Having penetrated new geographies with international and localized services in 2016, the Berlin-headquartered startup is now broadening its offering to address a new customer segment: small and medium-sized enterprises (SMEs). Starting September 14, businesses can open term deposit… Read More

August 17, 2017 @ 2:30 am By Therese Torris  |  

Headquartered in Germany, Pan-European savings marketplace Raisin reports that in less than 4 years its customers have invested more than €4 billion in the platform’s savings products. As a result, Raisin is the leading marketplace for investments in Europe and one of the fastest growing… Read More

July 21, 2017 @ 4:00 pm By Therese Torris  |  

Pan-European marketplace for savings products, Raisin has become the poster child of Fintech disruption as it managed to convince 75,000 investors to put more than €3 billion into savings accounts held at foreign banks. We spoke with Tamaz Georgadze, co-founder and CEO, who explained to… Read More