Raisin UK, the British arm of leading European deposit marketplace Raisin.com, today announces it has opened its doors to UK savers with the launch of its new savings marketplace Raisin.co.uk.
Working alongside its first partner bank on the platform BACB, Raisin.co.uk offers savers the convenience of a single registration process to apply for multiple savings products. Raisin UK is currently on-boarding a number of additional banks to the platform and will build a marketplace with a broad range of participating banks and savings products over the coming months.
Speaking about the launch, Raisin UK CEO Kevin Mountford said: “This represents the beginning of our journey to bring great partner banks with attractive offers to UK savers. Over time we will be introducing enticing marketplace features to offer savers a better deal for their money.”
Raisin was established in Berlin in 2013 and has quickly grown to be one of Europe’s leading FinTech businesses, with over €5 billion of savings deposits processed and more than 100,000 customers across Europe. The company is backed by well-known investors including PayPal, Thrive Capital, Index Ventures and Ribbit Capital.