Yolt launches competitive deposit products in partnership with Raisin

Yolt users in the UK, France and Italy can apply for a Raisin account accessing a wide range of deposit products, select from competitive Raisin offers and see their deposits, directly within the app. The integration builds on Yolt’s mission to enable users to make informed financial decisions. Within the Yolt marketplace, users can currently switch their household bills, shop for insurance, make investments, combine their pensions and now, grow their savings via Raisin.

Yolt’s Chief Marketing Officer Cristel Lee Leed said: “Our latest partnership with Raisin will benefit our Yolt community of users, giving them access to savings products with competitive interest rates – empowering them to do more with their finances.”

The integration builds on Raisin’s strength in B2B partnerships, making its products and services available through a wider range of like-minded financial institutions, including fintechs and banks. Embedding Raisin‘s offers into their own platforms allows partners like Yolt to expand the spectrum of their savings products — choosing a selection of Raisin’s more than 500 deposit offers from 82 partner banks across Europe. Building on an open banking vision, Raisin deploys a range of technical solutions, from fully integrated “white label” products using Raisin’s proprietary API to a variety of lead-outs, connecting a bank or money app’s customers smoothly to the Raisin platform.

Raisin strongly aligns with Yolt‘s vision of helping people optimize their financial management, with both fintechs dedicated to removing complex barriers consumers may face when it comes to better saving.

Dr. Tamaz Georgadze, Raisin CEO and co-founder explained: “In Europe’s current negative interest environment, Raisin’s B2B solution gives banks a means of moving excess liquidity without losing their customers. Meanwhile partnerships with innovative platforms like Yolt, which allow financial services providers to extend their range of offers, expand the reach of our partner banks as well as choice for savers yet further.”

CEO and co-founder of Raisin Dr. Tamaz Georgadze

About Yolt 
Launched in 2017, Yolt gives everyone the power to be smart with their money. At the forefront of PSD2 and Open Banking, the smart thinking money app enables users to view their accounts, credit cards, pensions and investments in one place. In the past 2 years Yolt has grown exponentially, with over one million registered users across the UK, Italy and France and maintains a 4+* rating in the app stores.
Yolt Connect, a next generation in-app marketplace, enables users to discover better deals based on their needs. The latest integration with MoneySuperMarket is the first of if its kind, where users can compare and switch energy providers without leaving the Yolt app.
Yolt’s latest offering; Yolt Technology Services unlocks its Open Banking expertise to other organisations through a single and secure API. Managed and maintained by Yolt, this API connects businesses or customers to the main banks across Europe.
As a venture of ING Bank N.V. Yolt has the strength and stability of a corporate, yet thinks and acts in an agile way. To read more about the Yolt journey visit: https://www.yolt.com/

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 540 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 over 16.5 billion EUR for more than 200,000 customers in 31 European countries to 82 partner banks. Raisin has been 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.

Press Contact
Roland Panter
Raisin GmbH / WeltSparen
+49 160 218 65 24
press@raisin.com