Raisin, the Berlin-based global savings and investment platform, is expanding into the Nordic region with the launch of its platform in Finland.
With over €115 billion in retail deposits and an internet banking penetration rate exceeding 95%, Finland represents a key market for Raisin’s European savings products.
Raisin’s platform enables users to compare and open deposit accounts across Europe through a single login.
Customers benefit from transparent terms, no fees, and deposits secured under EU-wide deposit guarantee schemes of up to €100,000 per customer per bank, or the equivalent in local currency.
The platform has facilitated over €70 billion in deposits to date, working with fully regulated banks across the EU.
The Finnish launch features savings products from European banks, including BlueOrange (Latvia), EuroExtra (Germany), and Rediem Capital (Sweden).
“We are thrilled to bring Raisin to Finland and empower savers with greater access to high-yield savings accounts from across Europe,”
said Dr Tamaz Georgadze, CEO and Co-Founder of Raisin.
“Our mission is to break down financial barriers and unlock better interest rates for everyone. This launch marks an important step in giving Finnish consumers the platform they need to make their money work harder.”
Raisin operates in ten markets, including Germany, the Netherlands, the UK, and the US, with international business contributing over half of its growth. It has managed over €70 billion in assets for more than one million customers.
“As we launch our 10th platform in Finland, we’re excited to offer savers better financial opportunities and continue Raisin’s expansion across Europe,”
Dr Georgadze added.
“To date, we have enabled customers to earn over €2 billion in interest, and we look forward to introducing further solutions and partnerships.”
Following successful expansions in the US and Poland, Finland is a natural next step for Raisin.
Featured image credit: edited from freepik
