Praxia Bank joins Raisin savings deposit marketplace

Source: Praxia

Praxia Bank, the new Greek digital bank, announces the kick-off of its partnership with Raisin, Europe’s leading deposit marketplace, by capitalizing on technological innovation and globalized market opportunities.

Praxia Bank is committed to attracting deposits from Europe’s leading marketplaces. In this context, Praxia Bank will be offering deposit products in Germany through WeltSparen, Raisin’s German deposits platform. Praxia Bank’s product offering, to be fully launched in the fall of 2019, comprises products and services addressing current digital trends seeking to offer an advanced banking experience.

Praxia Bank’s objective to be part of an international online deposit marketplace constitutes a core component of its business plan. Thus, Praxia Bank will take advantage of the operational flexibility offered by its cross-border digital model. A pioneer in the Greek market, Praxia Bank is launching a ground-breaking deposit acquisition strategy based on innovation.

Anastasia Sakellariou, Praxia Bank CEO said: “We are a new digital bank seeking to do things differently, to offer a seamless and easy-to-access banking experience with technology on our side. As we approach the launch date of a range of products and services for our corporate and retail clients in the fall of 2019, we have opted to reinforce our deposit base through Raisin’s platform. This enables Praxia Bank to become a key player in the global financial market, offering our products beyond the Greek borders, in line with the current trends set by pioneering banks in Europe.”
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