CFPB to give more information to firms under investigation The head of Credit Suisse’s blockchain efforts said culture is the...
Raisin has over 100,000 customers and launched investment products for their customers in Germany; customers will be able to choose from index or exchange traded funds from Vanguard or DAB BNP Paribas that cost less than .5%; Germany is a newer market for Vanguard which listed its ETFs on the German stock exchange last year. Source
European deposit marketplace Raisin has passed $6mn in brokered savings deposits; deposits grew by more than $3.5mn in 2017 and they saw their international customer base grow by 20 percent; the company acquired PBF Solutions, passed 100,000 customers, added 12 new partner banks and received more than $49mn in interest income last year; “We are pleased to be able to offer savers throughout Europe an attractive alternative.” said Tamaz Georgadze, CEO and founding member, to AltFi. Source.
Raisin has reported over 2 billion euros ($2.1 billion) in investment through its platform; the company offers investors a range of savings account investments across the European Union and facilitates the account funding for the investors; the platform has gained investment of 300 million euros ($318 million) in the past three months and expects to reach the 3 billion euro ($3.2 billion) mark in the first half of 2017. Source
Hedosophia is not a household name, and that is by design. The fund is one of the most secretive investors...
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
German based Raisin has raised $114mn from Index Ventures and PayPal; the wealth tech startup helps customers find accounts with...
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Marc Roberts is the general counsel for German fintech Raisin and the founding president of the European Fintech Association; while...
German-based savings marketplace Raisin has received over EUR4 billion (USD $4.7 bn) in investments on its platform in less than four years; founded in 2013 it was the first investment marketplace of its kind in Europe and now has two times the total investment assets of its closest competitor; partnering with 34 banks across 17 European countries it helps customers find the highest retail deposit market rates. Source