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Raisin (company)

Raisin (company)

Raisin is a Berlin-based company offering a savings and investment marketplace to connect retail customers with banks looking to expand their deposit reach.

OverviewStructured DataIssuesContributors

Contents

raisin.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Financial inclusion
Financial inclusion
Financial services
Financial services
Wealth management
Wealth management
Finance
Finance
Technology
Technology
Financial technology
Financial technology
Software as a service (SaaS)
Software as a service (SaaS)
Location
Berlin
Berlin
Germany
Germany
B2X
Marketplace
Marketplace
B2C
B2C
0
CEO
Tamaz Georgadze
Tamaz Georgadze
Founder
Tamaz Georgadze
Tamaz Georgadze
Frank Freund
Frank Freund
Michael Stephan
Michael Stephan
AngelList URL
angel.co/raisin-3
Legal Name
Raisin GmbH
Date Incorporated
2012
Number of Employees (Ranges)
201 – 500
Email Address
service@raisin.com
Phone Number
+4930770191295
Investors
Index Ventures
Index Ventures
0
Ribbit Capital
Ribbit Capital
Thrive Capital
Thrive Capital
Orange Digital Ventures
Orange Digital Ventures
B-to-v Partners
B-to-v Partners
Top Tier Capital Partners
Top Tier Capital Partners
0
Avala Capital
Avala Capital
PayPal
PayPal
...
Founded Date
2012
Total Funding Amount (USD)
204,015,000
Latest Funding Round Date
July 16, 2019
Competitors
3rd-eyes
3rd-eyes
BlueVine
BlueVine
Akiba
Akiba
Nutmeg (company)
Nutmeg (company)
Lufax
Lufax
PayJoy
PayJoy
Dvara
Dvara
blooom
blooom
...
Business Model
Transaction processing / marketplace
Latest Funding Type
Series D
Series D
Wellfound ID
raisin-3
Country
Germany
Germany

Other attributes

Company Operating Status
Active
Strategic Partnerships
Raisin and n26 strategic partnership
Raisin and n26 strategic partnership
Raisin and Starling Bank strategic partnership
Raisin and Starling Bank strategic partnership
Invested in
Billie
Billie
Latest Funding Round Amount (USD)
28,000,000

Raisin, previously known as SaveBetter, is a savings and investment marketplace for retail customers. With a Raisin login, users can fund and manage savings products with a network of banks and credit unions. The platform's partner banks and credit unions pay fees to Raisin in return for marketing their products to customers. Raisin then offers its savings products.

The digital platform for raising retail deposits allows banks and credit unions in the United States to source deposits from savers nationwide. Raisin offers a funding solution that enables institutions to manage deposit volumes and terms on their balance sheets. It also delivers deposit value chain services from marketing and KYC/AML to reporting and customer service.

The Raisin Group owns and operates both Raisin.com and Raisin Solutions US LLC. Headquartered in Germany, Raisin GmbH offers its services on its business to customer savings platforms across Europe and the United States. In 2023, the German savings platform announced plans to expand its presence in the Irish market after the exits of KBC and Ulster Bank.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
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Type
Date
No Further Resources data yet.

References

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