Financial savings platform Raisin enters Italian market

Raisin has launched its financial savings platform in Italy, permitting native shoppers to view and handle a variety of financial savings merchandise from totally different banks by a single interface.

The fintech agency introduced the transfer in a LinkedIn put up.

“For our deposit-taking banks, this implies entry to a serious new market the place demand for easy, clear financial savings choices continues to develop. Our platform now provides banks an easy strategy to attain Italian retail clients and supply their merchandise in a trusted surroundings,” it famous.

The platform is designed to simplify the method of evaluating and deciding on accounts.

The corporate is launching in Italy with fixed-term merchandise from European companions, with plans to introduce in a single day choices later.

All deposits will likely be secured by native EU-harmonised assure schemes, overlaying as much as €100,000 (116,087.5) per depositor, per financial institution.

The corporate’s transfer into Italy extends its attain throughout Europe.

Raisin additionally provides its providers in Germany, France, Austria, Spain, the UK, Netherlands, Eire, Poland, the US, and Finland.

Raisin Italy nation head Marco Falà commented: “We’re comfortable to announce one other platform launch of Raisin. Increasing to Italy will give clients a greater strategy to save – merely one account to entry a number of EU banks. On the similar time, banks can simply supply steady funding from retail clients. A win-win-win for shoppers, banks, and a related European monetary market.”

In keeping with his LinkedIn profile, Fala joined the fintech agency in 2019, based mostly out of Germany.

In July 2021, he moved to Italy.

“Financial savings platform Raisin enters Italian market ” was initially created and printed by Retail Banker Worldwide, a GlobalData owned model.

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