Savings marketplace Raisin has partnered with financial resource platform Finect.
In Brief:
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Finect has more than two million users.
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These can now all invest in deposits from Raisin European partner banks through the Finect platform.
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Raisin offers more than 60 products from 13 partner banks in Europe.
What does this mean?
Finext says Spanish households have accumulated a large amount of savings but are not always getting the most out of their deposits. It's hoped the deal with Raisin will give customers more options as they will be able to look across Europe for financial products.