# Raisin

> Raisin is a Berlin-based fintech that runs a pan-European and US savings and investment marketplace, letting retail customers shop competitive interest rates across hundreds of partner banks from a single account, while giving banks an on-demand channel to gather deposits. Beyond its consumer marketplace, Raisin licenses white-label 'savings-as-a-service' technology to financial institutions and offers ETF, pension and investment products. The company surpassed one million customers, turned profitable in 2022 after a decade of operation, and intermediates tens of billions of euros in deposits across more than 30 markets.

- **Founded:** 2012
- **Headquarters:** Berlin, Germany
- **Founders:** Tamaz Georgadze (Co-founder & CEO), Frank Freund (Co-founder & CFO), Michael Stephan (Co-founder & COO)
- **Team size:** ~800 employees
- **Products:** Savings marketplace, Investment & pension products, Savings-as-a-Service / Banking-as-a-Service, Deposit marketplace for banks
- **Notable:** Surpassed 1 million retail customers, Reached profitability in 2022 after roughly a decade of operation, Intermediates tens of billions of euros in assets/deposits (reported €30B+ and growing)

## Products & services

- **Savings marketplace** — A single online account that lets retail customers compare and open savings products - term deposits, high-yield savings accounts, CDs, money market accounts - from hundreds of partner banks across Europe and the US.
- **Investment & pension products** — ETF-based investment portfolios, pension/retirement products and wealth-management offerings (notably under the WeltSparen/WeltInvest brand in Germany).
- **Savings-as-a-Service / Banking-as-a-Service** — White-label, cloud-native, API-driven platform technology that banks and financial institutions license to launch their own deposit and savings products and to source deposit funding on demand.
- **Deposit marketplace for banks** — An open-banking deposit funding channel where partner banks tap retail deposits across borders without building their own retail distribution.

## Achievements

- Surpassed 1 million retail customers
- Reached profitability in 2022 after roughly a decade of operation
- Intermediates tens of billions of euros in assets/deposits (reported €30B+ and growing)
- Generated billions of euros in interest/returns for savers (reported €4B+ to date)
- Unicorn valuation above €1 billion
- Formed Raisin DS via the 2021 merger of Raisin and Deposit Solutions
- Expanded into the US (originally as SaveBetter, rebranded to Raisin in 2023)

## Latest updates

- **2025-06** — Raisin unifies its global presence under a single brand and reports surpassing €4 billion in customer returns.
- **2023-06** — US platform SaveBetter rebrands to Raisin to align with the global brand.
- **2023-03** — Raisin closes a €60M Series E round with M&G Catalyst and Goldman Sachs and reports passing 1 million customers.
- **2023-02** — Raisin reports its first profit after 12 years amid surging customer deposits.

## Links

- Website: https://raisin.com
- LinkedIn: http://www.linkedin.com/company/join-raisin
- Twitter/X: https://twitter.com/raisin_en
- YouTube: https://www.youtube.com/c/raisin
- Instagram: https://www.instagram.com/raisin/
- Facebook: https://www.facebook.com/RaisinUS/

---

Profile page: https://yespress.io/raisin
Published by YesPress — https://yespress.io
Last updated: 2026-06-07