Raisin announces Open Banking partnership with Santander Spain

Santander Spain customers can register using the Santander Connect button, which facilitates registration at Raisin.

Madrid / Berlin, 30th January 2019.  Raisin today announced an Open Banking agreement with Santander Spain that allows customers to authorize the bank to share with Raisin defined data for the registration process, such as the customer’s name, date of birth, ID or contact details. Thanks to this collaboration, the registration process for Santander customers to access Raisin’s products through the “Santander Connect” button will be easy and simple. Santander begins to offer the advantages of PSD2 to its customers.

Raisin defines the new reality of API-based open banking with more than 60 member banks across Europe offering a wide range of terms and higher interest rates. In this way, Spanish savers can find the right product for them and earn more from their savings. All deposits invested through Raisin are protected by the respective national deposit guarantee funds of up to EUR 100,000 per bank and per customer, as specified in the EU guidelines. For Raisin, based in Germany and launched in 2013, the partnership with one of Europe’s largest banks is an important signal.

“Our cooperation with Santander in Spain represents not just a relationship of trust between one of the largest, multi-national banks in the world. It also shows how big banks and fintechs can combine expertise to provide greater benefits and increase value for customers,” said Raisin CEO and founder Dr. Tamaz Georgadze.

Dr. Tamaz Georgadze
CEO and founder of fintech Raisin, Dr. Tamaz Georgadze.

“Through our partnership Santander continues to advance its open banking strategy and take advantage of PSD2’s potential by partnering with FinTechs to help its customers to get access to innovative and secure products. We’re glad that Santander has chosen Raisin as the first fintech to use their newly-created API marketplace. With this collaboration Santander customers can register even faster and more easily by using the Santander Connect button,” adds David Jimenez Maireles, Raisin Country Head for Spain.

David Jimenez Maireles, Raisin Country Head for Spain
David Jimenez Maireles, Raisin Country Head for Spain
About Raisin 
A trailblazer for open banking in Europe, Berlin-based fintech Raisin was founded in 2012 by Dr. Tamaz Georgadze (CEO), Dr. Frank Freund (CFO) and Michael Stephan (COO). Raisin’s platforms offer European consumers savings without borders: simple access at no charge to attractive and guaranteed deposit products from all over Europe. With one online registration, customers can choose from all available investments and subsequently manage their accounts. The leading online deposits marketplace in Spain since launching there in 2016, Raisin across all of its seven platforms has brokered 10 billion EUR for more than 160,000 customers in 31 countries, with 62 partner banks. Raisin was named to Europe’s top five fintechs by the renowned FinTech50 awards and is backed by prestigious European and American investors such as PayPal, Thrive Capital, Index Ventures and Ribbit Capital.


Media contact Raisin Spain
David Jimenez Maireles
T +34 659 888 252


Media contact Raisin 
Nicole Scheplitz & Maggie Bell
T +49 (0)30 36 74 119 38
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