Fintech Raisin has raised an additional $113mn in a series D round from Orange Digital Ventures and existing investors including...
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
Leading European buy now pay later platform Klarna is the latest company to add a savings account to their offering;...
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
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
The European Fintech Association (EFA) has launched with six founding members: Funding Circle, Raisin, Finleap, Transferwise, Moneyfarm and N26; these...
Raisin offers a platform to offer savings account options across Europe; they currently have over 100,000 customers; the funds will be used to accelerate growth across Europe. Source
Deposit marketplace Raisin moved into the UK market by acquiring Manchester-based fintech PBF Solutions; Tamaz Georgadze, Raisin’s CEO and founder, tells AltFi “The acquisition of PBF gives us the opportunity to significantly broaden our offer to UK savers and deposit takers." 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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