Scalable Capital partners with Raisin and expands its product range with fixed-term deposits 
  • Digital wealth manager Scalable Capital now offers fixed-term deposits from banks across Europe
  • Raisin, Europe’s leading marketplace for savings products, expands its B2B business partnerships
  • Florian Prucker, co-founder and co-CEO of Scalable Capital: “We are complementing our offering with products that can provide attractive returns without the risks of the capital markets”


Munich/London/Berlin, September 20, 2019. Scalable Capital, Continental Europe’s market leader for digital wealth management, has collaborated with Raisin, Europe’s leading platform for cross-border savings, to offer a new service. Scalable Capital’s customers with a portfolio account at Baader Bank can invest in fixed-term deposits with select European banks as part of a white label solution by Raisin that offers a choice of more than 20 different savings products. The new service can be accessed via Scalable Capital’s website and apps. This complements Scalable Capital’s existing wealth management service with Raisin’s partner banks, whose products in some cases significantly exceed the current average interest rate level. For German consumers, Raisin is best known under the brand WeltSparen.

We are complementing our product range with products that offer an attractive return without capital market risks. In addition to our automatically managed ETF portfolios for long-term wealth accumulation, our clients can now easily deposit their funds in European fixed-term accounts,” says Florian Prucker, co-founder and co-CEO of Scalable Capital. “We are happy to be working with Raisin. The founding spirit and business model fit together perfectly on both sides. The partnership is ideal for giving our clients access to fixed-term deposits throughout Europe.

Co-founder and co-CEO of Scalable Capital Florian Prucker


Dr. Tamaz Georgadze, CEO and co-founder of Raisin, adds: “We stand for saving and investing without barriers and want to make the best offers available to consumers, particularly in the current low interest rate environment. This is why we are pursuing integration partnerships, enabling our partners to expand the range of products they offer. Especially considering better risk diversification and flexibility, fixed-term deposits offer Scalable Capital’s customers a high added value – convenient and easy to access, with a smooth, comfortable user experience.”

Raisin CEO and co-founder Dr. Tamaz Georgadze

Customers can benefit from higher interest rate levels

Fixed-term deposits are suitable for funds that are needed instantly or in the foreseeable future and should not fluctuate with the markets. Customers from Scalable Capital can deposit their funds with banks in Germany and the European Economic Area (EEA) at conditions that significantly exceed the current average interest rate in Germany of nearly 0 percent. In this way, customers can mitigate the effects of inflation. In line with EU law, all savings products of European banks are protected by the respective national deposit insurance up to an amount of 100,000 Euros per customer and bank.

Raisin expands its network of B2B partnerships

On its savings marketplace Raisin offers access to fixed-term deposits throughout Europe. This integration partnership with Scalable Capital represents an expansion of Raisin’s B2B business with corporate partners. Since launch the Fintech has brokered 16 billion Euros from savers to over 80 partner banks across Europe. The Berlin-based company has so far earned an interest income of more than 115 million Euros for investors from over 30 countries.

Easy investment process via Scalable Capital’s website or apps

Access to Raisin’s offering is fully integrated into Scalable Capital’s website and iOS/Android apps. Customers can open the fixed-term deposit accounts free of charge and without paperwork, using their existing Scalable Capital login. The new service starts with a minimum of 500 Euro. However, with some banks the minimum deposit amount may be higher. Interest is automatically credited to the accounts.

About Scalable Capital

Scalable Capital is an independent financial services provider for digital wealth management. The company was founded in 2014 by Erik Podzuweit, Florian Prucker, Adam French (formerly at Goldman Sachs) and Professor Dr. Stefan Mittnik (holder of the Chair of Financial Econometrics and Director of the Center for Quantitative Risk Analysis at the Ludwig Maximilian University in Munich). Scalable Capital now employs more than 100 people at its Munich and London offices, including many experts in financial econometrics, computer science and machine learning. With more than 1.5 billion Euros in assets under management and more than 50,000 client portfolios, Scalable Capital is the market leader for B2C services in Continental Europe. Scalable Capital’s B2B partners include the bank ING; the financial division of Siemens, Siemens Private Finance; the digital subsidiary of the Santander Group, Openbank; Oskar GmbH as well as Targobank. In June 2017, investment manager BlackRock has become a minority shareholder in Scalable Capital, other major shareholders include Holtzbrinck Ventures and Tengelmann Ventures.

Scalable Capital creates and manages globally diversified ETF portfolios for its customers for the systematic accumulation of wealth using a proprietary risk management technology. Scalable Capital Limited is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, while Scalable Capital Vermögensverwaltung GmbH is regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany.

For more information, please visit


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 more than 500 attractive and guaranteed deposit products from all over Europe, as well as globally diversified, cost-effective ETF portfolios and pension products (now 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 brokered more than 16 billion EUR for almost 200,000 customers in 31 European countries and over 80 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 btov Ventures, Goldman Sachs, Index Ventures, Orange Digital Ventures, PayPal Ventures, Thrive Capital and Ribbit Capital. Raisin UK in Manchester, banking-as-a-service provider Raisin Bank in Frankfurt and pensions specialist Fairr all belong to Raisin.


Media contact:

Scalable Capital
Adam French
Co-founder & Director
UK +44 7747 607868

Roland Panter
Corporate Communications WeltSparen
+49 (0)30 36 74 119 38
+49 (0)160 218 65 24

Back to archive