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Raisin

civilization and politics Embedded Finance paytech small business

·Jun. 3, 2019

$20 Billion TSYS acquisition in the shadow of Alibaba’s $500B SME aggregation

I have been reading Alibaba: The House that Jack Ma Built this week, something everyone interested in understanding the future of Google, Goldman, Uber, or Amazon should do. The narrative starts with China's small business explosion, and Ma's genius is to tap into global demand for the products of those businesses through an online marketplace and associated financial services. But I am getting ahead of myself. Let's pause to acknowledge a massive, systemic transaction that was announced this week: payments processing company Global Payments acquiring TSYS (Total Payments Systems) for $21.5 billion.

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Fintech News Roundup

·May. 21, 2019

German Fintech Savings Platform Raisin Expanding to the US

Raisin is one of the most successful European fintech platforms having raised more than $200 million in equity capital from...

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Europe Fintech News Roundup

·May. 8, 2019

New Report Examines Savings Behavior Across Europe

A new report by fintech Raisin examines savings behavior for different age groups and gender for German, Spain and the...

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Europe Fintech News Roundup

·Mar. 8, 2019

Raisin Makes First Acquisition with Deal for MHB Bank

Investment marketplace Raisin has made a deal for German based MHB Bank, who they have long partnered with and now have...

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Europe Fintech News Roundup

·Mar. 26, 2018

Vanguard and Raisin Partner

Raisin has over 100,000 customers and launched investment products for their customers in Germany; customers will be able to choose from index or exchange traded funds from Vanguard or DAB BNP Paribas that cost less than .5%; Germany is a newer market for Vanguard which listed its ETFs on the German stock exchange last year. Source

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Europe Fintech News Roundup USA

·May. 28, 2019

Can Raisin be Successful in the US?

Raisin has been able to attract billions of deposits to European banks and will eventually be launching their deposits-as-a-service offering...

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Europe Fintech News Roundup

·May. 10, 2019

Raisin Adds $113mn with Backing of Orange Digital Ventures

Fintech Raisin has raised an additional $113mn in a series D round from Orange Digital Ventures and existing investors including...

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Asia/Pac Europe Fintech News Roundup USA

·Apr. 24, 2019

Announcements & Releases for April 24, 2019

CFPB to give more information to firms under investigation The head of Credit Suisse’s blockchain efforts said culture is the...

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Europe Fintech News Roundup

·Feb. 6, 2019

Raisin Brings in $114mn as they Eye Expansion

German based Raisin has raised $114mn from Index Ventures and PayPal; the wealth tech startup helps customers find accounts with...

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Europe Fintech News Roundup

·Jan. 26, 2018

Deposit Marketplace Raisin Passes $6mn in Deposits

European deposit marketplace Raisin has passed $6mn in brokered savings deposits; deposits grew by more than $3.5mn in 2017 and they saw their international customer base grow by 20 percent; the company acquired PBF Solutions, passed 100,000 customers, added 12 new partner banks and received more than $49mn in interest income last year; “We are pleased to be able to offer savers throughout Europe an attractive alternative.” said Tamaz Georgadze, CEO and founding member, to AltFi. Source.

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