Banco Finantia Spain advances in Open Banking with partner Raisin
Banco Finantia Spain, following the strategy of the Finantia Group, has partnered with the German Open Banking platform based in Berlin called RAISIN. This platform, like the partner Savedo for Portugal, allows the consumers of the countries integrated in the platform, to access, in a single site, the best deposit rates of several international banks.
Raisin is one of the leading fintech companies in Europe and has been featured on the FinTech50 list of Top 50 Fintechs across Europe in 2016, 2017 and 2018. One of the most well-funded fintech startups in Europe, having achieved more than € 70 million known investors including Index Ventures, Ribbit Capital, Thrive Capital and PayPal. It currently has more than 62 Associated Banks, 150,000 clients, a global $ 11 billion deposit savings market, and earned its clients $ 90 million in interest.
Last year it launched its platform in the Netherlands and UK, already operating in Germany, France, Spain and Austria and plans to enter two more markets this year. Likewise, it plans to extend its line of investment products.