Raisin allows customers to compare accounts at banks across Europe; Thrive Capital led the latest round with participation from previous investors Ribbit Capital and Index Ventures; funding now totals $64 million; the company has tripled the amount of funds transacted on the platform last year; it now has 27 bank partners and expanded from Germany and Austria to a total of 31 countries. Source
[Editor’s note: This is a white paper from Cloud Lending Solutions. Cloud Lending Solutions is a Bronze Sponsor at LendIt Europe 2016, which will take place on October 10-11, 2016 in London. At LendIt Europe, CEO and Co-Founder of Cloud Lending Solutions Snehal Fulzele will be giving a presentation on Implementing Fintech Best Practices for Traditional Lenders]
Banks are finding it difficult to determine how to use the latest technology to innovate new product offerings in a meaningful way. However, thanks to highly accessible and versatile cloud models, these business dynamics are changing fast.
John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.