Raisin has been named to the 2018 CB Insights Fintech 250 list of most promising fintech startups in the world. We’re honored to have been recognized for our achievements in the category of wealth management.
On Monday 22. October, CB Insights named us for the second year to their annual Fintech 250 list, a prestigious group of emerging private companies working on groundbreaking financial technology.
“After we named the inaugural Fintech 250 in 2017, they went on to raise $23B including 30 rounds of over $100 million. 22 of the Fintech 250 have already exited with half via IPO. This year, we’ve added 113 new companies to the Fintech 250 using the CB Insights Mosaic algorithm, and the group is broad, covering everything from insurance tech to consumer banking to capital markets tech. We look forward to the success of this year’s group,” said CB Insights CEO Anand Sanwal.
The CB Insights research team selected the Fintech 250 companies based on several factors including data submitted by each company and their Mosaic Score. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies. Through this evidence-based, statistically-driven approach, the Mosaic Score can help predict a company’s momentum, market health and financial viability.
We are proud of the entirety of our accomplishment, but particularly pleased at the confirmation it provides for our foundational values. One is our smart, agile use of technology enabling rapid integration of partner banks so that we can offer the widest and best array of savings products on the market. And another is our culture. At Raisin we walk the walk when it comes to employee satisfaction, because we know what an essential driver it is of company success, as MIT’s Sloan School of Management recently published: “firms in the top 25 percent for employee experience saw double the levels of customer satisfaction and innovation as the rest — and were 26 percent more profitable.” We will be diving deeper into our HR strategies and successes over the coming months so stay tuned to learn more.
In the meantime, we appreciate the confidence CB Insights has in us as well as the trust of our more than 150,000 happy customers and the great collaboration of our now over 60 partner banks. We look forward to continued growth as the leading one-stop marketplace for savings and investments in Europe.