Savings platform Raisin has gone live with its first partner bank in the US.
MapleMark Bank is the first US bank to embed Raisin’s software.
Raisin offers Savings-as-a-Service to help people find the best savings option for them.
MapleMark customers can see term deposit products online and open their preferred option.
What does this mean?
This marks the beginning of Raisin’s US journey, though the bank has had a US CEO since mid 2019. It has up until now been working on adapting its software for the US market, so is ready to expand to more banks.