Savings platform Raisin is bringing all its customer services across Europe together into one bank.
In Brief:
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This follows the acquisition of MHB Bank.
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Previously customers had to open a service account with Keytrade Bank in order to transfer funds.
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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.
