Raisin brings services together in one bank

June 22, 2020 | Banking

Written by FinTech Alliance

Raisin brings services together in one bank

Savings platform Raisin is bringing all its customer services across Europe together into one bank.

In Brief:

  • This follows the acquisition of MHB Bank.

  • Previously customers had to open a service account with Keytrade Bank in order to transfer funds.

  • Now, the FinTech can bring everything inhouse.

What does this mean?

The move will allow customers to avail of uniform banking services – but it’s worth noting this doesn’t include the UK business. Raisin’s platform brings together a number of partner banks, allowing its 250,000 customers across Europe to choose the best wealth management products for them. The business will also look to expand its product offering.

Read more here.

 

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