european-fintech
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TrueLayer Wants to Make the Card Number Obsolete
The London fintech started by turning stubborn bank systems into tidy APIs. Ten years, two acquisitions and a bruising reset later, it is attempting something larger: a European payments network that can handle debit, recurring charges and credit without a card in sight.
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.