Raisin Unveils Innovative Platform in Finland, Connecting Savers to Top Savings Products Across Europe
Raisin, a cutting-edge savings and investment platform, is making significant strides by expanding its services into the Nordic region with the launch of its platform in Finland. This move marks a pivotal step in Raisin’s growth strategy, following successful entries in the US and Poland. The Nordic market, recognized for its tech-savvy consumers and a robust embrace of online financial services, offers a unique opportunity for Raisin to connect savers with competitive savings products from banks across Europe.
The Opportunity in Finland’s Financial Landscape
Finland stands out as a promising market for Raisin, boasting over €110 billion in retail savings deposits and an impressive internet banking penetration rate exceeding 95 percent. This environment is conducive to Raisin’s innovative, borderless savings platform, which allows customers to:
- Compare various deposit accounts across Europe
- Access high-yield savings options
- Enjoy transparent terms without any hidden fees
- Utilize a secure platform that has facilitated over €70 billion in deposits
Raisin’s Vision for Finnish Consumers
Dr. Tamaz Georgadze, co-founder and CEO of Raisin, expressed enthusiasm about the platform’s launch in Finland, stating, “We are thrilled to bring Raisin to Finland and empower savers with greater access to high-yield savings accounts from across Europe. Our mission is to break down financial barriers and unlock better interest rates for everyone.”
This expansion represents a crucial opportunity to deliver a comprehensive platform that enables Finnish consumers to make their money work harder.
Raisin’s Global Presence and Growth
Established in ten markets, including Germany, the Netherlands, the UK, and the USA, Raisin has evolved into a leading global fintech. Notably, over half of Raisin’s growth is derived from international markets, managing more than €70 billion in assets for over one million customers.
Ensuring Security for Savers
Raisin prioritizes security, ensuring that all partner banks comply with EU financial regulations. The EU-wide harmonized deposit guarantee schemes protect deposits of up to €100,000 per customer per bank, providing an additional layer of trust and security for users.
Partnerships with Trusted Banks
The launch in Finland features collaborations with reputable European banks, including:
- BlueOrange (Latvia)
- EuroExtra (Germany)
- Rediem Capital (Sweden)
These partnerships enable Raisin to offer a diverse range of high-yield savings options tailored to the preferences of Finnish consumers.
Looking Ahead
As Raisin launches its 10th platform in Finland, Georgadze emphasized the company’s commitment to providing better financial opportunities: “This expansion aligns with our broader vision to become the leading global savings and investment marketplace. To date, Raisin has enabled customers to accrue more than €2 billion in interest on their savings, and we look forward to introducing more innovative solutions and partnerships worldwide.”
For more information about Raisin and its services, visit their official site at Raisin. Explore related topics on savings options and investment platforms to learn how to make the most of your finances.