Berlin based deposit marketplace Raisin, formerly known as SavingGlobal, has raised €30m in Series C funding led by NYC based Thrive Capital. Raisin operates as an online marketplace for foreign fixed deposits in Germany. The company’s services include deposit insurance guarantees absolute security and premature termination. It also provides online banking services
German deposit marketplace Raisin has raised €30 million in a Series C round led by New York fund Thrive Capital with participation from Ribbit Capital and Index Ventures. Raisin will invest the funds back into the product and its ongoing internationalisation by launching in Italy soon. It recently launched in Spain, bringing its reach to 31 countries, and celebrated €1.7 billion worth of investments in September and has since reached over €2 billion. “Our goal is to continuously strengthen Raisin’s innovative proposition and to become the go-to-marketplace for all Europeans for their savings and investment needs.” said Tamaz Georgadze, CEO of Raisin.