- Fintech now offers ESG portfolio and funds on its German investing platform
- Raisin Invest lets customers select individual ETFs with an automated “do-it-yourself” configurator
The pan-European savings marketplace Raisin has added a new hybrid-robo “ETF Configurator” to its investment platform in the German market. The Configurator allows investors to create individualized portfolios according to their own investment strategies but with the cost-efficiency and digital experience of a robo advisor. At the same time, Raisin Invest has launched a new ESG (“environmental, social, governance”) pre-set portfolio and offers more than 30 sustainable equity and bond ETFs to choose from. The Berlin-based Raisin has been active since 2018 with its Raisin Invest ETF platform in Germany, now managing more than 950 million euros as one of the market’s biggest robo advisors.
Hybrid-robo: Investors can design their own long-term asset accumulation
Raisin’s ETF Configurator is aimed at investors with a medium to long-term investment horizon who want to determine the building blocks of their portfolio themselves. The Configurator allows investors to choose from around 200 ETFs and index funds from major asset managers such as Amundi, DEKA, iShares, Lyxor, UBS, Vanguard and X-trackers. They can then deploy individual investment strategies involving different asset classes, countries, regions, and sectors. Investing starts from a minimum of 500 euros or, within a Raisin Invest savings plan, from 50 euros per month. The portfolio management is automated, rendering the total costs of the ETF Configurator just 0.43% annually, plus fund costs, and including the configuration of individual ETF portfolios, payouts, changes to the portfolio composition, regular rebalancing with different intervals to choose from, and the integrated savings plan.
Raisin Invest ESG funds are more than green: Merging sustainability and return
Developed by Raisin’s investment experts, the pre-configured ESG starting portfolio provides exposure to around 600 individual securities and is broadly and globally diversified, with a clearly defined sustainability profile. The broad concept of sustainability in the ESG criteria for financial products takes into account not only environmental impact but also factors such as working conditions and tax transparency, as well as other indicators of good governance.
“Many of the sustainable investment options are overpriced and thus underperform. Raisin enables a broadly diversified and, above all, cost-effective investment so investors don’t have to compromise on return opportunities. Since we take care of otherwise expensive and time-consuming processes such as trading and rebalancing through automation, the individual ETF portfolio can be significantly more economical than implementing it with a house bank or broker,” explains Kim Felix Fomm, Chief Investment Officer at Raisin. “With the Raisin Invest ETF Configurator, our customers can precisely implement personal preferences like sustainability while building wealth according to their own investment styles.”
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 34 billion EUR in deposits for 345,000 customers in 28+ European countries and 106 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.