Skipping past milestones: fintech Raisin exceeds 20 billion Euro in deposits
  • More than 230,000 customers from across European markets rely on Raisin
  • Over 100 financial services providers now partner with Raisin to offer their deposits to broader markets, or add the Raisin marketplace to their own ecosystems
  • Raisin customers have already earned over 150 million EUR on deposits – with many more accounts active
  • Fintech’s investment and pensions platforms are now managing more than 500 million EUR

The Berlin-based fintech Raisin has now placed more than 20 billion EUR with banks in 25 countries, while at the same time managing an investment volume of over 500 million EUR. Since launch in 2013, the savings and investments marketplace has experienced sustained growth. The expansion from deposits into investments and then, through the acquisition of pensions specialist fairr, into retirement funds, tracks the company’s stated mission of becoming a one-stop-shop for profitable, transparent wealth management products throughout Europe.

Building wealth sustainably at every stage of life

Raisin addresses the interest rate differences across European markets by collecting a range of deposits from different banks all in one place, often enabling consumers to access savings products with more attractive interest rates than may be available in their own countries. Now 90 financial institutions, from incumbent to neo banks to insurers, offer more than 600 deposits on Raisin platforms, all secured through the EU’s deposit guarantee guidelines up to EUR 100,000. An additional several dozen financial services providers including Commerzbank, Legal & General and N26 have integrated part or all of Raisin’s marketplace into their own range of offerings. Raisin has seven dedicated country platforms, in Germany, Austria, Spain, the Netherlands, the UK, France and Ireland – providing in most cases the highest interest rates available in markets that otherwise face punishingly low average retail rates. A pan-European platform at provides savers in every other European market access to the fintech’s range of competitive cross-border deposits.

Raisin’s German platform expanded in 2018 to include a set of award-winning ETF (exchange-traded funds) portfolios. “WeltInvest” focuses on cost-effective investment products for self-directed investors, in partnership with Vanguard and DAB BNP Paribas. In 2019, Raisin acquired to include pension products, also in the German market. Fairr’s fully digital, German state-sponsored “Riester” and “Rürup” along with company-run pension products share the same focus on cost-effectiveness and transparency. Together the fintech’s pensions and investments arm now manages more than half a billion Euros. Raisin has thus succeeded in creating simple digital access on one platform to high-yield products for individual wealth management at every phase of life. With its sights now set on a 2020 U.S. launch following Raisin’s acquisition of Madrid- and New York-based Choice Financial Solutions (now Raisin Technologies), the fintech has established a unique presence in the European savings space.

Dr. Tamaz Georgadze, co-founder and CEO of Raisin: “Reaching these new milestones affirms the relevance of our mission – breaking down barriers so that savings can actually pay off. Now more than ever we believe in the benefits of cross-border banking and harmonizing liquidity imbalances, as well as regulation, across Europe.”

Raisin CEO and co-founder Dr. Tamaz Georgadze

About Raisin
A trailblazer for open banking and the leading pan-European one-stop shop for online savings and investments, Berlin-based fintech Raisin was founded in 2012 by Dr. Tamaz Georgadze (CEO), Dr. Frank Freund (CFO) and Michael Stephan (COO). Raisin’s platforms — under the brand WeltSparen in the German-speaking world — are breaking down barriers to better savings for European consumers and SMEs: Raisin’s marketplace offers simple access at no charge to attractive and guaranteed deposit products from all over Europe, as well as globally diversified, cost-effective ETF portfolios and pension products (currently available in Germany). With one online registration, customers can choose from all available investments and subsequently manage their accounts. Since launch in 2013, Raisin has placed 20 billion EUR for more than 230,000 customers in 28+ European countries and 90 partner banks. Raisin was named to Europe’s top 5 fintechs by the renowned FinTech50 awards and is backed by prestigious European and American investors such as btov Ventures, Goldman Sachs, PayPal Ventures, Thrive Capital, Index Ventures, Orange Digital Ventures and Ribbit Capital. Raisin UK in Manchester, banking-as-a-service provider Raisin Bank in Frankfurt, pensions specialist fairr, and Raisin Technologies (formerly Choice Financial Solutions) all belong to Raisin.

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