Raisin, formerly known as SavingGlobal, is the leading pan-European savings and investments marketplace connecting retail customers with banks looking to expand or diversify their deposit reach.
Raisin GmbH operates an online marketplace/banking system for term deposits worldwide.
Raisin (prev. SavingGlobal) was founded in 2013 and is based in Berlin, Germany. Raisin has a presence across Europe, the company offers localized platforms for the German, French, Spanish and Austrian markets.
Raisin is one of the leading fintech companies in Europe, and considered as #1 online marketplace for term deposits worldwide with more than 150,000 satisfied customers and exceed €8 billion in deposits invested via the Raisin platforms.
Raisin is backed by industry top tier investors including Index Ventures, Goldman Sachs, Ribbit Capital, Thrive Capital, PayPal and many others. The company raised $28M in it's latest funding of a Venture round on Jul 16, 2019. This new round brings Raisin's total funding to $206M to-date.
Raisin was reported to be valued at over $1B, during it's "Series D" round of funding of a $114M in Feb 5, 2019. The company has also acquired PBF Solutions & MHB Bank to date.
Raisin was ranked as the 84th company on the 2017 Fintech100 List. It has also been featured on The FinTech50 list of the top 50 fintechs across Europe in 2016, 2017 and 2018.