Raisin, the leading European wealth management fintech, today launched its first U.S. based product. The Raisin Savings as a Service software will help banks and credit unions quickly and easily offer customized time-deposit products and drive cost-effective new deposits.
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.
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.
Cross-border savings and investments marketplace Raisin (https://www.raisin.ie) is live in Ireland, as of today. Raisin.ie launches with best-in-market interest rates on most term deposits, finally propelling Ireland out of last place on Europe’s retail interest rate ranking.
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.
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.
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.
Raisin, the pan-European fintech marketplace for savings and investment products, announced that it closed a Series D funding round of $114 million, bringing the total amount raised to $200 million.
As a consultant at McKinsey Dr. Tamaz Georgadze advised banks in Europe and Asia and realized that the market for savings products was the last unintegrated hold-out.
