Personal Finance
Fintech Raisin to boost deposits to €50bn as firm chases US expansion
Berlin-based company has gained traction in Ireland as it allows consumers to avail of higher deposit rates than those offered by domestic banks
German fintech Raisin, a German financial technology firm that helps savers find better rates, is betting that the end of cheap central bank cash will prompt lenders to seek alternate funding, boosting the amount of money sourced via its platforms.
The Berlin-based company, which is backed by major financial players including Goldman Sachs, Deutsche Bank and PayPal, enables customers to open savings accounts in several countries across Europe– such as France, Portugal , Spain , ...
