Fintech Raisin has signed on to support the new PEAC Bank in its entry into the deposit business. The Hamburg-based PEAC (Pan-European Asset Company) Finance Group was granted a banking license by the German Federal Financial Supervisory Authority in December of 2020.
Italian bank Banca Sella and pan-European deposits marketplace Raisin are cooperating to give the bank’s customers access for the first time to third-party savings products. Through the integration of Raisin’s marketplace, Banca Sella customers will be able to invest from their Banca Sella accounts in select deposits at other Italian banks and banks across Europe.
Raisin’s latest savings market analysis shows that, as the pandemic begins a second wave, interest rates have continued to fall. European countries feature significant spreads, however, between the interest rates at the biggest banks and the most competitive available deposits.
Today Raisin launched its eighth partner bank and second partner domiciled in France, Banque Misr, with an exclusive retail deposit offer. Savings marketplace Raisin (www.raisin.fr) now features among the highest interest rates on term deposits available to French consumers.
Penta, the digital platform for business banking in Germany, has introduced overnight and term deposits through a new partnership with savings marketplace Raisin. Penta’s business customers can now access higher interest rates by investing in Raisin deposit products through their Penta accounts.
With 4.7 trillion euros in overnight accounts, Europeans leave interest rates up to 1.85% on the table
In new research, pan-European savings marketplace Raisin has found a wider-than-ever gap between low interest rates at the largest banks and the – much higher – best available deposits across Europe. Despite the European single market, banking customers are getting wildly different offers depending on where they live and where they bank.
With leading European fintechs pulling out of the UK and a growing trend in the financial industry away from London to the continent, Raisin continues to chart the reverse course of expansion across the Channel. On launching Raisin UK’s new cooperation with FTSE250-listed investment platform AJ Bell, Raisin is expanding its “Savings as a Service” offer to UK-based financial service providers.
Embedded finance: Raisin and PROCHECK24 launch novel deposits solution for German financial institutions
The new partnership between the German B2B financial product broker PROCHECK24 and deposits marketplace Raisin pioneers a hybrid approach to embedded finance.
The interactive financial resource platform Finect and deposits marketplace Raisin are launching a partnership, in a significant step toward broadening access in Spain to higher interest rates.
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.
Amid uncertainty, Germany looks sturdier than expected as ECB pushes for stronger European Banking Union
Consumers in Europe’s largest economies including Germany, Spain, and Italy continue to experience huge interest rate spreads in the deposits market.
New survey shows nine out of ten affluent Spanish consumers trust banking offers from other European countries
A new survey conducted by deposit platform Raisin Spain reveals that affluent Spanish consumers have a high level of awareness of the economy and openness to new banking models.
Siemens is cooperating with German fintech Raisin on employee pensions.
Banca Ifis is entering the German savings market with the launch of a partnership with the German fintech Raisin. From today, customers on Raisin’s German platform WeltSparen (https://www.weltsparen.de) can choose Banca Ifis’ deposit products.
Top 1-year interest rates on deposits in Germany, the Netherlands, Portugal, Denmark, and as far east as Romania are between 0.57% and 0.97%, while the same deposits at those markets’ largest banks all feature rates under 0.05%, according to Raisin’s new research.
The unfinished EU single market for financial services: With consolidation, Raisin takes on European promise of single market
Last year’s acquisition of Raisin Bank (formerly MHB Bank) has enabled the wealth management fintech Raisin to bring its customer services under one roof.
Klarna, a global leader in payments and online shopping, has launched a cooperation in Germany with the deposits marketplace Raisin. By partnering with the Berlin-based fintech Klarna is further expanding into the German savings market.
The latest European Central Bank data on interest rates across Europe indicates a slight decline overall, as the Czech Republic dove -30 basis points from the previous month and Denmark -11 basis points.
The fintech Raisin U.S. (www.raisin.com/us) has launched a tailored business solution for banks and credit unions looking for cost-effective new deposits.
Raisin has researched the top interest rates on 1- and 3-year deposits in nine Eurozone countries and six non-Eurozone ones. According to the newest data, Germany’s top rates have risen by more than a third since mid-February.
Pan-European study shows majority of Europeans afraid they can’t save for retirement due to sustained low interest rates
The sustained period of low interest rates has negatively impacted a majority of Europeans’ confidence that they can prepare financially for retirement, according to the survey.
The European Central Bank’s latest release of interest rate data – from each European market as of January 2020 – shows that, already prior to the coronavirus outbreak, rates had shifted direction, now moving upward.
Private banking clients at Germany’s Bankhaus Hauck & Aufhäuser can now access competitive third-party deposit products through a partnership with fintech Raisin’s German deposits platform (www.WeltSparen.de).
Raisin’s Interest Rate Radar: Europe awaits next Central Bank announcement as Covid-19 wreaks havoc on markets
As we approach the upcoming March 12th announcement on rates and policy from the European Central Bank, global concerns about the spread of Covid-19, “the Coronavirus,” dominate economic headlines.
The Berlin-based fintech Raisin has now placed more than 20 billion EUR with banks in 25 countries, while at the same time managing an investment volume of over 500 million EUR.
A new study from German financial news portal Franke Media indicates that since 2011 Europeans have lost upwards of 350 billion EUR due to the sustained period of low interest.
Leading European wealth management fintech Raisin is acquiring software company Choice Financial Solutions. The acquisition will make the first real innovation to the U.S. deposits market in generations broadly accessible to banks across the country.
The European Banking Authority has issued its annual report, including concerns about increasing pressure on banks and the impact long-term low interest rates will have.
This partnership marks the launch of Credorax’s first banking products in the region, and a broadening and diversifying of its portfolio and funding to Europe’s largest savings market.
The Dutch platform of Raisin, Europe’s leading online savings marketplace, has welcomed its first German bank, representing the seventh country to take an interest in the Dutch savings market through Raisin. This new partnership spells a critical geographical expansion for the platform.
Raisin’s German platform WeltSparen will offer portfolios created by justETF experts A selection of 10 different justETF portfolios are now available Cost-effective and transparent: the annual service fee starts at 0.33% The European online consumer guide for investment, justETF (www.justETF.com), and Berlin-fintech Raisin share the aim of enabling investors to find and choose the investments […]
Continuing uncertainty on world trade is raising serious questions for manufacturing economies like Germany’s, as well as for everyone facing tariffs, potentially spurring changes to trade routes and relationships alike. Between Brexit, the trade war and a change of guard at the ECB, European businesses and economic analysts have to follow a faster moving ball […]
Berlin stands out as home to three of the top 10 fintechs The coveted FinTech50 Awards 2019 were named in September in London and now the ranking’s Yearbook has been published, introducing each of the top 50 listed fintechs. As the top continental European company, Raisin comes in fourth place behind Onfido, Monzo and Revolut, […]
Pan-European deposits platform enables smart thinking money management app to expand savings offer 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 […]
Bringing up to 3 times higher rates to Irish savers Deposits platform Raisin.ie available in Ireland as of today Top 2-year deposit on Raisin.ie is more than 3 times higher than next best offer €16 billion brokered savings volume and €115+ million in interest earned for savers Irish household total volume deposits is €100 billion […]
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 […]
Joonko, the new digital financial portal from finleap, Europe’s leading fintech ecosystem, is attracting prominent investors ahead of its official launch. The Global Voyager Fund of Ping An Group, the world’s largest insurance company in terms of market capitalization, and Raisin, the leading provider of simple savings, investment and pension products, are jointly investing in […]
The pan-European deposits platform Raisin (www.raisin.com) regularly publishes the Raisin Interest Rate Radar to assess the ongoing effect of the ECB (European Central Bank) rate policy on savers throughout Europe. The data released by the ECB in August reflected rates up until two months prior to the release (June 2019). ECB forces negative rates on […]
Monese and Raisin launch new service Monese Savings to offer better savings Monese, the banking service that gives people the financial freedom to thrive anywhere, is announcing a pan-European partnership with the cross-border deposits marketplace Raisin. Starting today, Monese personal account customers in the UK, Germany, Austria, France, the Netherlands, and Spain will gain access […]
Focus on banking-as-a-service for fintechs points to future of financial services The Berlin-based fintech Raisin continues to expand. Following the successful conclusion of ownership control procedures by Germany’s Federal Financial Supervisory Authority (known as BaFin), Raisin has taken over MHB-Bank as sole owner, thus becoming the first fintech in Germany to buy a bank. Since […]
Raisin becomes only platform for savings, investments and pensions Two leading German fintechs are merging, after growing side by side into fintech success stories. The pan-European savings marketplace Raisin is acquiring fairr, Germany’s leading fintech for retirement savings. In addition to fixed-term and overnight accounts, as well as cost-effective ETF portfolios in the German market, […]
Legal & General brings European savings to the UK mass market Legal & General, one of Europe’s largest asset managers and a major global investor, has announced a partnership with Manchester-based fintech Raisin.co.uk. The collaboration will provide Legal & General customers with access to FSCS* protected cash savings accounts through the Raisin.co.uk marketplace. With the […]
Pan-European savings marketplace Raisin today announced a new investment of €25 million by Goldman Sachs. With the new funding bringing the total volume of primary investment to €195 million, Raisin retains its leading position as the best funded tech startup in the savings and investment area in Europe. The new injection of capital follows […]
End in sight for Mario Draghi’s term but none for penalty interest Most European economies find themselves exactly where they were a year ago on rates The pan-European deposits platform Raisin (www.raisin.com) regularly publishes the Raisin Interest Rate Radar to assess the ongoing effect of the ECB (European Central Bank) rate policy on savers throughout Europe. The […]
In a alliance of customer-centric fintech startups, Yolt, the smart thinking money app will be partnering with pan-European deposit marketplace Raisin.
ECB weighs low inflation, looks toward future without Draghi In a speech back on May 17, European Central Bank Director Benoit Coeuré stated that global factors remain a weight on Eurozone growth and that the ECB council is ready to adjust monetary policy instruments to sustainably move inflation towards its 2% target. The ECB council […]
Award-winning deposits marketplace drives access to better savings Raisin, the Berlin-based European savings and investment marketplace, today announced that it is entering the U.S. market with the appointment of financial industry expert, Paul Knodel, as U.S. CEO. Raisin will bring its cross-border deposits business model to the $12.7 trillion U.S. deposits market. This expansion follows […]
From saver to investor: building wealth, starting at €50 per month Raisin, Europe’s leading marketplace for savings and investment products, is making investing easy for everyone. Starting on its German platform WeltSparen (www.WeltSparen.de), the Berlin-based fintech Raisin is introducing a savings plan for its line of ETF portfolios. With the new savings plan Raisin’s customers […]
illimity’s deposit accounts will also be available cross-border on the open banking platform of the pan-European fintech illimity, the new paradigm banking start-up listed on Borsa Italiana’s MTA exchange, announces a partnership with Raisin, the leading pan-European marketplace for online savings and investments in Europe. Thanks to this partnership, illimity’s deposit accounts will also […]
Orange Digital Ventures announces its latest investment with Raisin, an innovative Berlin-based fintech making strides in the European savings marketplace. Orange has joined the €100m Series D fundraising round of Raisin alongside existing investors Index Ventures, PayPal, Ribbit Capital and Thrive Capital. The new round allows Raisin, one of the fastest growing European start-ups, to […]
Raisin has taken a closer look at its own pan-European savers, particularly by age and gender, and how these savers are faring across the continent.
Expansion of Commerzbank’s fixed-term product offers for corporate clients Building bridges to find the answer to low interest rates on fixed-term deposits Offered rates significantly above market levels Collaboration of two market leaders in Germany BERLIN – 16. April 2019 – Raisin’s German savings platform WeltSparen (www.weltsparen.de) is collaborating with Commerzbank to reach […]
Manchester 12th April 2019. The leading online savings platform Raisin UK has announced a new partnership with ClearScore, the UK’s number one credit checking service. Featuring seamless integration into ClearScore’s website and mobile applications, more than 8 million UK users of the free online credit check service will be offered easy-access to the Raisin UK […]
Open Banking Pioneer takes over MHB Bank to offer one-stop service At a time when many banks are looking to invest in fintech companies, the open banking fintech Raisin is taking the road less travelled by buying MHB Bank of Frankfurt, its long-time service bank. The Berlin-based fintech will thus be able to expand its […]
Nomo Banking customers, the self-employed and freelancers, will have direct access to Raisin’s savings products from the neobank’s own mobile application.
Raisin, the pan-European fintech marketplace for savings and investment products, announced that it closed a Series D funding round of $114 million.
Fintech Raisin today announced an Open Banking agreement with Santander Spain using the Santander Connect button, which facilitates registration at Raisin. Raisin as the first fintech to use their newly-created API marketplace.
Telefónica Deutschland starts distribution partnership with Raisin’s German platform WeltSparen Berlin / Munich, 23. January 2019. Beginning today, O2 Banking customers in Germany will gain access to WeltSparen’s wide range of savings and investment products directly through their mobile O2 Banking app. In Germany’s ongoing low-interest environment, O2 Banking customers looking for new options to […]
Addition of deposit platform broadens MarketPlace scope to include banking services as well as complementary applications. Temenos (SIX: TEMN), the banking software company, announces today that Raisin, Europe’s largest deposits marketplace, has joined MarketPlace. The Berlin-based fintech Raisin offers European savers higher interest rates on their deposits, which are fully protected under the national […]
It has been five years since the Berlin-based fintech launched its first platform, WeltSparen.de, making Raisin the leading pan-European online marketplace for savings and investments.
Raisin introduces localized platform Raisin.nl for Dutch savers, its fifth country launch outside of home market Germany Amsterdam, 29. August 2018 – Today Raisin, the leading pan-European marketplace for savings products with over 150,000 European customers, is launching its platform www.raisin.nl, dedicated to Dutch savers. Raisin is further expanding its reach in the Netherlands after introducing its distribution partnership with Dutch […]
Investing for Everyone – Raisin Launches ETF Portfolios in Cooperation with Vanguard Berlin, 26 March 2018. Raisin – Europe’s leading provider for simple saving and investment solutions with more than 100,000 customers – adds ETF portfolios to its German product offering. Starting today German customers can access the new products online – and thus participate […]
Banca Popolare di Cividale, Partner Bank Number 44, Is the Fourth Italian Bank to Launch on the Raisin Platform
We are pleased to welcome our fourth partner bank from Italy: Banca Popolare di Cividale is our 44th partner bank and will offer its deposit products on our localized platform www.weltsparen.de. German savers can open deposits with different maturities with Banca Popolare di Cividale, that are secured by the Italian deposit guarantee scheme up to […]
BinckBank and Raisin Announce Close Cooperation to Disrupt Dutch Savings Market Berlin, 15 February 2018. BinckBank N.V. will be the first in the Dutch banking sector to offer its clients access to European savings products via its cooperation with Raisin, the leading provider of simple savings and investment products. Today, BinckBank launched its new product […]
EUR 5 Billion in Brokered Deposits: Raisin Doubles Amount of Savings Deposits in One Year Berlin, 25 January 2018. Exactly four years after the market entry of Raisin, the leading provider of simple savings and investment products breaks through the EUR 5 billion record mark in brokered savings deposits and leaves the competition behind. 2017 […]
BERLIN – 20 December 2017 – Raisin, Europe’s #1 financial marketplace that enables savers to access the best deposit rates across Europe, has closed another round of financing. The company previously has raised a total of EUR 60 million, with investments from Thrive Capital, Ribbit Capital and Index Ventures. Raisin’s most recent fundraise closed in […]
BERLIN – December 06th, 2017 – Shortly before the end of the year, Raisin has reached two further important milestones: The total number of customers has grown to 100,000 and, in addition, Raisin has integrated more than 40 partner banks from 18 European countries. Raisin continues to consolidate its position as the leading marketplace for investments […]
We are pleased to welcome our second new partner bank this week: Bank and Clients (B&C) is number 37 on our marketplace and will offer its attractive term deposits on our German localized platform www.weltsparen.de. Savers will be able to open term deposits, using a fully online process to invest up to EUR 90,000 with […]
We are happy to announce BlueOrange Bank as our second partner bank from Latvia that just went live on our localized German and Austrian platforms. BlueOrange Bank offers term deposits with interest rates of up to 1.33 percent and a minimum deposit of EUR 2,000. The investment process with BlueOrange Bank is fully online, making […]
BERLIN – September 20th, 2017 – Raisin wants to give UK savers a better choice for saving their money. Today we announce that Raisin GmbH, the leading European deposit marketplace, has acquired Manchester-based financial technology specialist PBF Solutions to offer end-to-end deposit raising for UK banks and other providers, together with a compelling proposition for UK […]
Starting today, German businesses can open term deposit accounts with the deposit marketplace Raisin. The opportunity to open and manage term deposits throughout Europe is unique for business customers giving them the chance to gain higher interests. The service starts in Germany, where low interest rates have especially plagued the market: On average, businesses will […]
Raisin Makes Saving Possible with a Minimum of 1,000 Euro – Hoist Finance from Sweden Is Partner Number 35
Today, Raisin welcomes its newest partner bank from Sweden: Hoist Finance. The financial services group is not only the 35th partner on the platform, but it makes investing possible for even more savers: With Hoist Finance, German savers can open an account with a minimum of 1,000 euros, earning interests of up to 0.85% for a […]
Raisin Customers Invested More Than EUR 4 Billion in Less Than 4 Years – Twice as Much as with Competitors
Interest of savers in Raisin remains strong: In significantly less than four years, Raisin customers have invested more than EUR 4 billion in savings products. As a result, Raisin is the leading marketplace for investments in Europe and one of the fastest growing fintechs in the world. Founded in 2013 as the first marketplace for […]
We are happy to announce the second onboarding of a partner bank from the Baltic States this week: With the launch of Medicinos Bankas from Lithuania, the number of available partner banks on our German localized platform WeltSparen.de rises to 34! The miminum deposit for a savings account with Medicinos Bankas is €5,000 and savers […]
Today, the localized German platform WeltSparen.de onboarded its first partner bank from Latvia: Baltic International Bank! Customers can start saving from as little as €2,000 and earn interest of up to 1.25% on their term deposits. From now on, savers can open and manage deposits with 33 partner banks from 16 European countries through a […]
Having been elected to the FinTech 50 list for the second time in a row on Tuesday, the term deposit marketplace Raisin can call itself one of the most important FinTech companies in Europe. FinTechCity has been compiling its list of 50 European businesses who are transforming financial services since 2012. „When we founded the […]
BERLIN – May 10th, 2017 Thanks to a new partnership with Raisin, N26 clients can now open fixed term deposits at very attractive rates at several European banks with only a few clicks. With almost 400.000 customers between them across Europe, mobile banking platform N26 and deposit marketplace Raisin are among the leading FinTech companies […]
Savers have invested more than € 3 billion with Raisin – Raisin now cooperates with 30 partner banks
BERLIN – April 19th, 2017 More and more customers choose Raisin, the online marketplace for savings products, for investing their money: Only three and a half years after the launch, more than € 3 billion have been invested via Raisin. A growing product range and an excellent customer service have already convinced more than 75,000 […]
BERLIN – 29 March 2017 – Raisin GmbH, the leading marketplace for savings products across Europe, teams up with SOFORT, the premier direct payment provider. Over 60.000 customers already use the Berlin-based pan-European marketplace with its 29 partner banks. Due to the partnership, new customers can now complete their registration process in an even more […]
BERLIN – 26 January 2017 – Raisin, Europe’s #1 financial marketplace that enables savers to access the best deposit rates across Europe, has closed a €30 million Series C financing. This brings the total amount raised to date to €60 million making Raisin one of the most solidly financed FinTech companies in continental Europe. The […]
Raisin reaches EUR 2 billion on the 3-year anniversary of its German launch Berlin, January 10th, 2017 – Raisin proudly announces that at the end of 2016 it did not only celebrate the 3-year anniversary of its launch in Germany but also reached a milestone of EUR 2 billion in invested volume. “Raisin is the only […]
Raisin is now allowing Spanish savers to raise their interest via www.raisin.es – making this the third international launch this year next to Raisin’s home market Germany. Berlin/Madrid, December 1st – Today Raisin, the leading Pan-European online deposit marketplace, has launched its Spanish-language platform www.raisin.es for customers in Spain with a dedicated Spanish customer service […]
Raisin is the First European Investment Fintech to reach EUR 1.7 billion as the 20th Partner Bank joins Berlin, September 27th, 2016 – Just 5 months after becoming the first European Fintech in the investment area to reach 1 billion Euro, Raisin proudly announces to have reached more than EUR 1.7 billion in invested volume. As […]
Euram bank from Austria offers up to 1.5% p.a. for 24 months Berlin, June 29th, 2016 – Raisin proudly presents its third partner bank on the pan-European deposit marketplace raisin.com: Euram Bank from Austria. After partner banks from Poland and the Czech Republic, Raisin now adds a partner bank from Austria – an AA+ rated […]
The two Fintech companies launch a cross-border partnership today: Younited Credit markets its savings products to German and Austrian residents via Raisin. Berlin/Paris, June 10, 2016 – Raisin, the pan-European online savings platform, and Younited Credit (formerly Prêt d’Union), the leading P2P lending platform to individuals in France, announce today the start of their international […]
After having launched its European Platform, Raisin is now available with its new French platform www.raisin.fr. Berlin/ Paris, May 31th – Today Raisin, the Pan-European online deposit marketplace, has launched www.raisin.fr for customers in France, in French language and with dedicated French customer support. Within a few weeks after the European launch Raisin managed to […]
Berlin, April 26th 2016 – Raisin is the first European fintech startup that has reached the incredible amount of 1 billion Euro invested volume. Since Raisin started with its German platform WeltSparen in December 2013 customers have invested more than 1 billion Euro in overnight money and fix-term deposits. Within Europe Raisin´s success is unique, […]
Customers in 30 countries gain access to higher-interest rate accounts across the continent Berlin, April 6th 2016 – Raisin has today launched the first-ever pan-European marketplace for savings. The European-wide launch follows Raisin’s successful 2013 debut in Germany where it operates under the name WeltSparen. In a little over two years, Raisin’s 35,000 customers have already deposited […]
Wednesday, 18th Nov 2015, Berlin: Savers across Europe will be among the first to benefit from Raisin’s new referral programme. Raisin, the European brand of Berlin-based fintech startup SavingGlobal, will be offering customers a welcome bonus for registering with the European platform ahead of its launch in a few weeks. With the holiday season rapidly […]
BERLIN – 6 August 2015 – Raisin, a financial marketplace that enables savers to access the best deposit rates across Europe, has closed €20 million Series B financing led by Palo Alto-based Ribbit Capital and Index Ventures with participation from Yuri Milner and Tom Stafford, bringing the total amount raised to €30 million. The funds […]