Raisin and N26 deliver top interest rates on new overnight accounts 


Despite Germans’ status as the champion savers of Europe, with a current total deposits volume in Germany of over 2.5 trillion euros, Germany has not been able to cure its low interest rate headache. According to current data from the European Central Bank, the average interest rate in Germany for retail customers is now for the first time below zero, at -0.01%. The German Bundesbank has also revealed a steadily increasing number of credit institutions charging their customers a custody fee.

European fintechs N26 and Raisin are now expanding their collaboration to address this situation. The partnership allows N26 to extend its product portfolio with EasyFlex Savings, a flexible overnight deposit with an interest rate of 0.21% p.a., a top offer in the German market.

N26 and Raisin have been on an innovative path together since 2017, when the two fintechs introduced the integration for the first time of a cash deposits platform within another financial platform. Ever since, N26 customers have been able to select and open a range of Raisin’s fixed-term deposit accounts within the N26 app through “N26 Savings.”

Raisin’s German platform www.WeltSparen.de features deposit products from dozens of Raisin partner banks across Europe. Those made available through N26’s EasyFlex Savings include the competitive 0.21% overnight account at Norwegian Komplett Bank, with a minimum investment of 500 euros.


Benedikt Voller (c) Lukas Schramm

“With our new partner offer, N26 and Raisin are excited to give millions of customers the opportunity to flexibly invest their savings at one of the best available interest rates on the market. Having continuously developed over the past several years, our cooperation proves once again that mobile banking and pan-European investment are a win-win for everyone,” explains Benedikt Voller, Raisin VP Business Clients and Partnerships.

Georg Hauer

N26 General Manager DACH and Northern Europe Georg Hauer adds: “With EasyFlex Savings, our customers can now make even more out of their money – digitally, securely, and at no cost. We are very pleased to further expand our long-standing partnership with Raisin with this offering. Together, we want to show that saving is worthwhile even in this time of zero interest.”


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 31 billion EUR for 325,000 customers in 28+ European countries and 103 partner banks. Raisin was named to Europe’s top 5 fintechs by the FinTech50 awards and is backed by 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, Raisin Pension, and Raisin Technology and Raisin U.S. all belong to Raisin.


Press Contact

Raisin / WeltSparen
Nicole Breforth & Mathias Paul
+49 (0)160 218 65 24


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