Cooperation with Raisin brings higher interest rates to customers at German Sparda Bank Hannover


  • Competitive third-party deposit products from Raisin’s German platform WeltSparen to be integrated at Sparda Hannover
  • Raisin deposits will be available online as well as through consultation with the bank’s financial advisors

The Hannover member of Germany’s century-old cooperative banking group Sparda Bank is launching a cooperation with Raisin to integrate part of the Raisin deposits marketplace into its own range of products. Due to sustained low interest rates, large German banks have faced the challenge of how to retain and provide for customers looking for better yields on their savings. With the solution of embedding third-party deposit products from Raisin’s marketplace, the community bank Sparda Hannover enables its customers to access competitive interest rates from select other banks through their Sparda accounts.

Through the new partnership, Sparda Hannover will offer its customers a curated assortment of overnight and fixed-term deposits based on independent recommendations from consumer advocates. The bank’s customers can access the new savings options on the website ( and, as a first, also in personal consultation with the bank’s financial advisors. Depositors have additional security through deposit guarantee law, in place in Germany and all of Raisin’s partner bank countries of origin, covering up to 100,000 EUR per customer per bank according to EU guidelines.

Jochen Ramakers, Deputy Chairman of the Management Board of Sparda-Bank Hannover: “Sparda Bank Hannover has always stood for the interests of its customers throughout its long history. This includes providing secure products with competitive interest rates. Thanks to the cooperation with WeltSparen, we will be able to offer our customers an attractive interest rate on their savings going forward.”

Deputy Chairman of the Management Board of Sparda-Bank Hannover Jochen Ramakers


Dr. Tamaz Georgadze, Co-Founder and CEO of Raisin: “Our cooperation with Sparda Bank Hannover brings together local banking expertise with high-yield digital financial products that take advantage of the European interest rate market – in line with the needs and expectations of local bank customers.”

Raisin CEO and co-founder Dr. Tamaz Georgadze


About Sparda Bank Hannover
Sparda Bank Hannover eG is one of the largest cooperative banks in Northern Germany with 309,000 customers and total assets of more than five billion EUR. For more than 100 years it has offered its customers high-performance products at fair conditions. The bank offers speed, extensive service, and competence across 15 branches, 16 self-service locations, and also with digital offers including telephone and video consultation. The bank is there where its customers need it – in person and online.

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 25.5 billion EUR for more than 280,000 customers in 28+ European countries and 97 partner banks. Raisin was named to Europe’s top 5 fintechs by the renowned FinTech50 listing 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, pensions specialist fairr, and Raisin Technology (formerly Choice Financial Solutions) all belong to Raisin.


Press Contact Sparda Bank Hannover
Ariane Rehbein
Head of Corporate Communications
Tel: 0511 3018-4130

Press Contact Raisin
Nicole Scheplitz
Tel: +49 (0)160 218 65 24

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