Raisin has attracted over one million customers and has €38bn in assets under management
IN BRIEF:
- This is Raisin's first return to fundraising after it raised €142m in 2019
- Raisin offers a savings marketplace that brings competitive savings rates directly as well as through white-labelled integrations
- Investors include M&G’s Catalyst as well as existing investor Goldman Sachs and an unnamed financial institution
What does this mean?
“The investment marks another important step in our objective to provide savers throughout the European Union, the United Kingdom and the United States with straightforward and fair products”, said Frank Freund, chief financial officer and co-founder of Raisin. “As a fintech pioneer, we provide the infrastructure to democratize the global savings and investments market – benefiting consumers and financial institutions alike. With the new commitment, we will be better positioned to bring value to even more consumers and partner.”
