Raisin offers banking services in-house for Europe

Thursday 18 June 2020 14:21 CET | News

Digital wealth management fintech Raisin has announced that it has brought its customer services under one roof.

The announcement came following the company’s acquisition of MHB Bank (now Raisin Bank) in 2019. Until now, Raisin’s customers across Europe opened a service account with Belgium-based Keytrade Bank when signing up with Raisin, and then transferring funds into the Raisin marketplace. 

At the time of writing this article, all of Raisin’s European customers have been transferred to Germany-based Raisin Bank. The move means that Raisin’s European customers are offered a uniform service across the continent, stepping closer to developing a European single financial market.

Raisin’s UK customers won’t benefit from the consolidation, rather the fintech continues to partner with Starling Bank to provide customers’ holding accounts.

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Keywords: Raisin, digital wealth management, customer services, MHB Bank, Raisin Bank, Keytrade Bank, Starling Bank, Europe, UK, Germany, financial market
Categories: Banking & Fintech
Countries: Europe
This article is part of category

Banking & Fintech