Raisin is an online financial marketplace based in Berlin, Germany, that connects retail customers with banks seeking to expand their deposit base. Established in 2012, Raisin aims to help savers access the best interest rates available across Europe by offering a range of exclusive savings and investment products. The platform allows users to choose from various options, including overnight flexible savings and long-term deposits, enabling them to earn competitive returns by depositing their money in different banks. Raisin ensures a seamless investment process and simplifies the management of investments through a single platform, enhancing the experience for both individuals and businesses. In June 2021, Raisin expanded its capabilities through a merger with Deposit Solutions, further solidifying its position in the market.
MejorCDT is an investment platform that focuses on fixed-term financial products, primarily offering high-yield savings accounts. It enables users to compare various savings options and invest without the need to visit a physical bank. The platform also provides essential information regarding account expiration dates, allowing clients to manage their investments effectively by notifying banks about withdrawals or renewals. In addition to its current offerings, MejorCDT plans to expand its services to include corporate bonds, stocks, and cryptocurrencies, aiming to provide a comprehensive investment experience for its users.
Bankhaus August Lenz - Payment division
Acquisition in 2022
Bankhaus August Lenz - Payment division provides electronic payments, service tools and cash transactions to retailers,
Billie
Debt Financing in 2021
Billie GmbH, founded in 2016 and based in Berlin, Germany, specializes in providing innovative financial solutions for small and medium-sized enterprises (SMEs). The company offers pre-financing of invoices and online factoring services, addressing the order-to-cash challenges faced by businesses. Billie’s platform enables SMEs to manage their working capital more effectively through fully automated invoice financing. Additionally, the company provides a pay-after-delivery product for B2B online merchants, allowing them to secure better payment terms. By leveraging big data analytics and digital processes, Billie facilitates instant financing at the point of sale, helping SMEs streamline their invoicing and payment processes while avoiding hidden fees and excessive paperwork.
Raisin
Acquisition in 2021
Raisin is an online financial marketplace based in Berlin, Germany, that connects retail customers with banks seeking to expand their deposit base. Established in 2012, Raisin aims to help savers access the best interest rates available across Europe by offering a range of exclusive savings and investment products. The platform allows users to choose from various options, including overnight flexible savings and long-term deposits, enabling them to earn competitive returns by depositing their money in different banks. Raisin ensures a seamless investment process and simplifies the management of investments through a single platform, enhancing the experience for both individuals and businesses. In June 2021, Raisin expanded its capabilities through a merger with Deposit Solutions, further solidifying its position in the market.
CHOICE Financial Solutions
Acquisition in 2020
CHOICE Financial Solutions is a software firm that specializes in developing, implementing, and supporting innovative solutions for financial institutions. Established in 2011 and based in Brooklyn, New York, the company focuses on enhancing customer experience by enabling personalized savings solutions that can be customized in real-time during transactions across various channels, including branches, online, and mobile platforms. By addressing the limitations of traditional core banking systems, CHOICE Financial Solutions aims to empower financial institutions to better meet the evolving needs of their customers. As of January 2020, it operates as a subsidiary of Raisin GmbH.
Joonko
Seed Round in 2019
Joonko is a financial platform focused on providing users with financial peace of mind through fairness, transparency, and simplicity. The company developed an intermediary service that allows consumers to compare car insurance options from leading insurers, helping them select the best coverage for their needs. Launched just five months after the company's inception, this car insurance comparison tool is the first of several products that Joonko plans to introduce, aiming to expand into additional banking and insurance offerings in the future. By enabling users to easily switch and obtain the right financial products, Joonko addresses personal saving and protection needs effectively.
Fairr.de
Acquisition in 2019
Fairr.de GmbH, founded in 2013 and based in Berlin, Germany, specializes in retirement and pension savings solutions. The company offers a fully digital platform where customers can optimize their pension across various pillars, including statutory, company, and private pensions. Fairr.de provides low-cost and transparent retirement products, including investment options that leverage ETFs and dimensional funds, allowing users to align their savings contributions with personal pension targets in real time. Additionally, the platform features specially developed investment products that are easy to understand, offer tax benefits, and are designed to help users enhance their retirement provisions effectively. As of August 2019, Fairr.de operates as a subsidiary of Raisin GmbH.
MHB Bank
Acquisition in 2019
MHB Bank is a commercial bank based in Germany that provides a range of financial products and services. It specializes in tailored lending and deposit-taking solutions, along with transaction and fronting services. The bank also offers cross-border services leveraging EU passport arrangements. MHB Bank effectively manages extensive loan portfolios and extends advances to selected borrowers, positioning itself as a versatile player in the financial sector.
PBF Solutions
Acquisition in 2017
PBF Solutions delivers performance marketing, customer acquisition technology, campaign tracking and optimization, white-label technology, and consultancy solutions to retail banks, peer-to-peer product providers, and other financial institutions. The company was founded in 2012 and is based in Manchester, United Kingdom.
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