Raisin, the open banking based savings FinTech, is seeking fresh funding.
In Brief:
Sky News reports Raisin is seeking “a capital injection” in the next few months.
Goldman Sachs has been appointed to assist with the fundraise.
The bank is already a shareholder in Raisin.
What does this mean?
The size of the fundraise is currently unclear but it follows a merger with Deposit Solutions last year, and Raisin currently has more than €25bn assets under management.
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