Qonto and Raisin join forces to offer German businesses an escape from negative interest


Business customers in Germany have one of the highest interest burdens in Europe, with the average rate on term deposits now at -0.42%.* To this end, the European business account Qonto is cooperating with Raisin to bring its customers in the German market higher rates. Qonto customers – primarily SMEs and start-ups – can now access deposit products from Raisin’s German platform WeltSparen, featuring competitive term deposits from partner banks across Europe.

Along with Germany‘s historically low corporate interest rates, widespread lockdown restrictions have resulted in planning uncertainty, among other challenges. This makes interest income a welcome relief, while Raisin’s broader choice of profitable products helps improve liquidity management through the current economic crisis.

After registering, Qonto business customers can invest in as many Raisin deposits as they wish. Companies can choose between overnight and fixed-term deposits with different investment horizons as well as interest rates of up to 1.25% per year. The investments are protected up to a sum of 100,000 euros per customer per bank, in accordance with statutory deposit protection.


Lisa Schmid, Head of Business Clients at Raisin, adds: “The cooperation with Qonto lays the foundation for effective liquidity management of corporate funds. By making deposits through WeltSparen, companies and self-employed individuals can align their deposit strategy to their own financial needs, whether with overnight accounts keeping their cash available or with fixed-term products. Qonto’s digital account management and internationally oriented customer base make the company an ideal partner for us.”

Lisa Schmid, Raisin Head of Business Clients


Torben Rabe, Country Manager Germany at Qonto, explains the cooperation’s background: “In view of current economic challenges, we want to continue to support small and medium-sized enterprises and self-employed people. With this partnership, we are going one step further: by working with Raisin, we can offer our customers simple, profitable, and secure investment alternatives to earn a profitable return on their business assets.”

Torben Rabe, Qonto Country Manager Germany


* Raisin will publish an analysis of the European Central Bank’s newly released data for corporate interest rates on 17. February at: https://www.raisin.com/interest-rate-tracker/


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 30.5 billion EUR for 320,000 customers in 28+ European countries and 104 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.


About Qonto

Qonto is the ideal business account for SMEs, startups and the self-employed in Europe. Within three years, Qonto has helped over 120,000 businesses attain a digital business account. With Qonto, businesses have full control over their spending, can provide their teams with their own payment cards, and have a better cash flow overview. Qonto also impresses with its excellent customer service and transparent pricing. The company was awarded the FinTech Germany Award in 2020. Furthermore, Qonto is a Tech5Startup and was ranked as “3rd hottest Startup” by Linkedin. Bullhound calls Qonto the “most promising startup to become a billion dollar company in the next 3 years.”



Press Contacts

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


Pauline Kletti
Communication & Marketing Manager

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