German Fintech Savings Platform Raisin Expanding to the US

Raisin is one of the most successful European fintech platforms having raised more than $200 million in equity capital from several A-list VC firms; they provide a cross border savings platform available in 31 European countries and have 175,000 customers there; today, they have announced that they are expanding to the US market and have already hired a US CEO; Raisin partners with as many as 75 banks in Europe offering a “deposit as a service” product and they no doubt try to duplicate that success in the US. Source.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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