It is a sum that is significant: 100 million Euro has raised the Start-up Raisin just from investors. Thus, the invested capital rises to over 170 million euros and the Berlin-based Start-up into a new League of Fintechs upgrade. Although the company does not reveal what percentage of shares get investors for 100 million euros, and how many shares they had previously held. But can such an assessment.
To the investors in the Start-up is in addition to several venture capitalists once again, the US group Paypal that had already invested in advance, and a strategic Investor in Raisin. Experts had speculated that Paypal could get in on the cooperation to other European deposits system. So far, there is such a cooperation between Paypal and the Start-up but is not.
customers can money in various European countries
creating The Start-up Raisin is in this country, especially under the brand of world-saving. Through the platform, customers can invest money in various European countries. There are usually higher interest rates than the domestic banks. The foreign money of the houses offers its own additional capital. The Start-up of the three founders Tamaz Georgadze, Frank friend, and Michael Stephan conveys the Deals. Since the Start they have expanded the options for savers in addition to investment products.
Within Europe, has Raisin, so far, about ten billion Euro between partner banks in 31 countries and approximately 160 000 customers. The Fintech earns a small percentage as a Commission. How much is the is, you don't want to say in Berlin, but from experts from about 0.2 percent for each mediated order. Consumer advocates had warned of the credit rating of the foreign banks, to the world save. The parent company of the Raisin had wiped the allegations but immediately to the side, because all deposits are guaranteed up to 100 000 euros within Europe.
The freshly collected 100 million euros should flow, in innovation and in Acquisitions. What are the Start-up has actually in view, is, however, not yet revealed. In addition, Raisin is looking to expand further and add at least two new countries to its list. Already in 2018, the Start-up from Berlin was passed in the Netherlands and the United Kingdom.