German FinTech teams up with investment platforms to facilitate growth
In Brief:
- Raisin will work with AJ Bell and Willis Owen to help banks and other financial institutions embed its deposit platform.
- Financial service providers in the UK will be able to access and scale cash savings products from Raisin’s partner banks.
- The initiative comes after Raisin achieved its 2020 growth target of £1bn in deposits brokered a quarter earlier than had been earmarked.
What does this mean
Amid the constantly changing and uncertain global economic landscape Raisin believes its Savings as a Service proposition will allows existing firms to help meet customer demand better a rate of return on their money.
