Raisin
Raisin is a savings and investment platform from Berlin, founded in 2012, that connects consumers with banks in the EU, the United Kingdom and the United States. Partner banks offer overnight and fixed-term deposits through the platform and gain a diversified source of funding. Today Raisin holds more than 80 billion euros from over one million customers in eleven markets.
Raisin works with around 300 deposit-taking banks and adds a digital wealth management offer with ETF portfolios to the deposits. The group includes Raisin SE in Berlin and Raisin Bank AG in Frankfurt, a fully licensed bank that provides banking-as-a-service to Raisin and other companies. More than 800 people from over 75 countries work for Raisin.
How the deposit marketplace works
Customers register once with Raisin and choose deposits of partner banks from several European countries, which are covered by the harmonized EU deposit guarantee of up to 100,000 euros per customer and bank. For banks the platform is a funding channel to savers abroad, and 72 new partner banks joined in 2023 alone. Distribution partners can give their own customers access to the offers on Raisin, and the company wants to make open banking the standard for savings and investments.
Next to deposits, Raisin offers pension products and a digital wealth management service with ETF portfolios, which grew out of its robo-advisor in 2024. In 2025 Raisin also launched its own overnight savings account in Germany.
Raisin Bank in Frankfurt
In 2019 Raisin bought the former MHB-Bank and renamed it Raisin Bank AG, a fully licensed bank under the supervision of BaFin with German statutory deposit insurance. Raisin Bank calls itself a service bank that does not compete with its partners and runs banking-as-a-service on a cloud-based, API-first core banking system. In 2022 it took over the payments division of Bankhaus August Lenz, which brought services for more than 4,500 ATMs in Germany.
Mirko Siepmann and Marco Lindgens form the board of Raisin Bank, and Dr. Frank Freund chairs its supervisory board. The bank is based at Niedenau 61-63 in Frankfurt am Main, and its clients have included fintechs such as Creditshelf, Exporo, Moss and Scalapay.
Founders and management
Dr. Tamaz Georgadze, Dr. Frank Freund and Michael Stephan founded Raisin and lead it today as chief executive, chief financial officer and chief operating officer. Katharina Lüth, chief client officer, completes the management board of Raisin SE. Prof. Dr. Axel Weber, former president of the Bundesbank, chairs the supervisory board, which James Oates, Dame Alison Rose and Dr. Michael Diederich joined in October 2025.
Upcoming fintech and finance events in Germany
From WeltSparen to Raisin
In Germany and Austria the platform was known for years as WeltSparen, later as WeltSparen by Raisin. In June 2025 the company introduced one brand with a new logo for all markets, and from the second half of that year the German platform has carried only the name Raisin. By then savers had earned more than four billion euros in interest through the platform.
Growth, profitability and funding
Raisin merged with the deposit platform Deposit Solutions in 2021 and reached a valuation of more than one billion US dollars in that phase. In March 2023 the company raised 60 million euros in a series E round. For 2023 Raisin reported its first profit: revenue almost doubled to 158 million euros, EBITDA reached 20 million euros and net profit one million euros.
Markets in Europe and the United States
Raisin started its German platform in 2014 and added Austria, France and Spain in 2016, the United Kingdom and the Netherlands in 2018, Ireland in 2019 and the United States in 2020. Poland followed in 2023, and in Finland the platform started with banks from Latvia, Germany and Sweden. Italy became the eleventh market in March 2026, where Raisin began with fixed-term deposits from partner banks in Germany, France and Belgium.
Raisin in fintech associations
Raisin is active in the European Fintech Association, where Marc Roberts, general counsel of Raisin, led the first board as president. In Germany Dr. Verena Thaler, chief of staff of Raisin, sits on the board of the working group FinTechs & Digital Banking at Bitkom.
Address in Berlin
Raisin SE has its head office at Schlesische Straße 33/34 in 10997 Berlin and is entered in the commercial register of the Charlottenburg district court under HRB 271733 B. Raisin began in Berlin in 2012 as a fintech start-up and belongs to the fintech scene in Berlin today.
Raisin and Finance Loop
Deposit platforms such as Raisin give banks a funding channel across borders, which raises questions about liquidity, deposit protection and the role of tokenized deposits that Finance Loop members discuss at its events. Finance Loop covers these subjects in its track Payments & Digital Money and at its events in Berlin, Frankfurt and other German cities.
Finance Loop is a professional network and has the goal of driving the institutional use of emerging technologies in finance, such as AI, tokenization, stablecoins, and DeFi. Finance Loop helps its members build skills and personal networks in these fields: Investment & Digital Assets, Payments & Digital Money, Digital Infrastructure & Sovereignty, and Risk & Compliance.