Founded in 2012, Raisin offers consumers access to savings, investment and pension products. The firm also offers Banking-as-a-Service (BaaS) products for financial service providers and currently works with over 400 companies from more than 30 countries.
With the new investment, Raisin intends to develop new products and accelerate its growth in markets such as the US. Raisin entered the US in 2020 and already manages more than $1 billion in assets for customers.
The company says it recently passed the one million customer mark, for which a total of €850 million in interest has been generated since its inception.