Raisin, a Berlin, Germany-based fintech company, raised €60M in Series E funding.
The round was led by M&G’s Catalyst and Goldman Sachs.
The company intends to use the funds to accelerate growth and expand operations.
Raisin is a global savings and investment company which owns B2C marketplaces in Europe under the brands Raisin, WeltSparen and ZINSPILOT and in the USA under the SaveBetter brand. In Germany the company offers ETF-based investment and retirement products as well as Private Equity and Crypto investments, in addition to savings products. Raisin works with over 400 banks and financial service providers from more than 30 countries.
The company recently exceeded 1 million customers, for which a total of €850m in interest has been generated since founding in 2012. Raisin currently manages a total of €38 billion Assets under Management (AuM) for customers globally.
The company has offices in Berlin, Frankfurt, Hamburg, Madrid, Manchester and New York.
FinSMEs
27/03/2023