PayPal-backed Raisin launches savings platform in Ireland

October 03, 2019 | Personal Finance
Written by FinTech Alliance
PayPal-backed Raisin launches savings platform in Ireland

Berlin based FinTech Raisin has launched Raisin.ie

In Brief:

  • Raisin will launch its Irish savings deposit platform offering up to 1.2% interest.

  • The FinTech connects users to the wider European Economic Area so they can choose the best retail interest rate.

  • Since its launch, Raisin has delivered about €1115mn in interest to over 200 savers.

What does this mean?  

Interest rates in Ireland are currently poor, but Raisin allows Irish savers to access options across the continent so they can earn the highest possible rate on their deposits.  Irish banks will be able to integrate Raisin’s offers into their own platforms.

Read more here.

More in Personal Finance

Affirm looks to raise $1.5bn from Spark, Thrive
Personal Finance
September 13, 2019

Affirm looks to raise $1.5bn from Spark, Thrive

Affirm, a payment plan FinTech, hopes to raise $1.5bn in its latest funding round. In Brief:...

Swiss personal finance FinTech becomes unicorn
Personal Finance
August 22, 2019

Swiss personal finance FinTech becomes unicorn

A Zurich-based financial technology startup has reached $1bn in valuation. In Brief: Numbrs...

There are no Knowledge Bank in this category

There are no Events in this category