Deutsche Kreditbank cooperates with Raisin DS on savings

Fintech’s German platform offers DKB customers overnight and term deposits

The 4.8 million retail customers of Deutsche Kreditbank AG (DKB) can now access interest-bearing overnight and term deposit offers from other banks in Germany and across Europe. The new range of products is the result of DKB’s cooperation with Raisin DS, whose German savings platform WeltSparen is now available directly from the DKB platform.

The deposit products now available to DKB customers can be compared easily and transparently on Raisin DS’s platform. A customer only needs to select the product category, maturity, and investment amount, and they can fund the deposit through a quick digital process. Cash deposits within the European Union are insured up to 100,000 euros per customer and bank.

The cooperation with Raisin DS provides DKB customers with an alternative for financial security and retirement provision in the ongoing era of low and negative interest rates.

Maren Heiß, Head of Private Banking, DKB

“With our new partner offer, DKB and Raisin DS are giving DKB customers the opportunity to invest their savings at the best available interest rates on the market. This is quick, easy, and digital, and it reinforces our mission of providing customer-oriented banking,” says Maren Heiß, Head of Private Banking at DKB.

Dr. Tamaz Georgadze, Co-CEO Raisin DS (c) Lukas Schramm

Dr. Tamaz Georgadze, Co-CEO of Raisin DS, adds: “As one of the best-known direct banks in Germany, DKB is a perfect partner for us. Just like Raisin DS, DKB is a true “made in Germany” innovator. I’m proud that, together, we offer millions of customers a path away from negative interest rates, giving them access to interest-bearing savings products from all over Europe.”


About DKB

Deutsche Kreditbank AG (DKB), headquartered in Berlin, is part of the BayernLB Group and serves business and private customers with its more than 4,500 employees. With total assets of 126.9 billion euros, it is one of the top 20 banks in Germany. More than 4.8 million people are DKB customers. They conduct their banking transactions conveniently and securely online. DKB’s industry experts provide personal support to business customers at 25 DKB locations throughout Germany. As a partner to companies and municipalities, the bank specialized early on future-oriented sectors in Germany: Housing, health, care, education, agriculture, infrastructure and renewable energies. In many of these sectors, DKB is one of the market leaders. DKB attaches great importance to a sustainable business: As a so called #geldverbesserer, it therefore focuses on a sustainable lending business.


About Raisin DS

Raisin DS is a trailblazer for open banking in the deposits and investments space. The FinTech company provides an open banking infrastructure for the global $50+ trillion deposit market that benefits banks and savers alike. For savers, it means more product choice and decision power, customer-facing institutions like banks benefit from best-in-class savings marketplace solutions for their own customers, and deposit-taking banks receive better access to deposit funding. Raisin DS operates its own B2C platforms across Europe under the Raisin, WeltSparen, Savedo, and ZINSPILOT brands, and in the U.S. under the brand SaveBetter. In Germany, in addition to savings products for retail and corporate clients, the company also offers ETF-based investment and pension products. Raisin DS collaborates with around 400 banks and financial services providers from more than 30 countries. The company is servicing over 550,000 direct customers. Raisin DS is backed by renowned international investors such as btov Ventures, Deutsche Bank, FinLab, Goldman Sachs, Greycroft, Headline/, Index Ventures, Kinnevik, Orange Digital Ventures, PayPal Ventures, Thrive Capital, Top Tier Capital Partners, Ribbit Capital, and Vitruvian Partners, as well as Peter Thiel. The company has offices in Berlin, Frankfurt, Hamburg, London, Madrid, Manchester, Milan, New York, Paris, and Zurich. Raisin DS was formed by a merger of the FinTech companies Deposit Solutions and Raisin in June 2021.

Press contacts:

Deutsche Kreditbank AG (DKB)
Tobias Campino-Spaeing
Leiter Pressestelle / Pressesprecher
Tel.: 030 / 120 30 83 33

Raisin DS GmbH
Nicole Breforth & Maggie Bell
+49 160 218 65 24

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