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Raisin Expands into the Nordics with Finland Platform Launch
Raisin, the global savings and investment platform, is set to expand its footprint into the Nordic region with the launch of its platform in Finland. With over €115 billion in retail deposits and an internet banking penetration of over 95%, Finland represents a significant opportunity for Raisin to offer savers access to competitive savings products from banks across Europe, making it easier than ever to grow their money.
Raisin’s platform allows customers to compare and open deposit accounts across Europe seamlessly, all through one login. Users benefit from transparent terms, no fees, and a secure platform that has already facilitated over €70 billion in deposits. All partner banks comply with EU financial regulations to ensure trust and security, and deposits are protected under the EU-wide harmonised deposit guarantee schemes up to €100,000 per customer and bank or an equivalent amount in local currency.
The Finnish platform launches with trusted European banks and their products: BlueOrange (Latvia), EuroExtra (Germany) and Rediem Capital (neighbouring country Sweden). These partnerships will enable Raisin to provide a diverse selection of high-yield savings options tailored to the needs of Finnish consumers.
Unlocking Financial Growth for Finnish Savers
“We are thrilled to bring Raisin to Finland and empower savers with greater access to high-yield savings accounts and deposits from across Europe,” said Dr. Tamaz Georgadze, CEO and Co-Founder of Raisin. “Our mission is to break down financial barriers and unlock better interest rates for everyone. This launch marks an important step in bringing our vision to a new market and giving Finnish consumers the platform they need to make their money work harder. Raisin has grown into a leading global FinTech, established in ten markets, including Germany, the Netherlands, the UK, and the USA. More than half of our growth comes from international markets, with over €70 billion in assets managed for more than one million customers.
“As we launch our 10th platform in Finland, we’re not only excited to offer savers better financial opportunities but also proud of Raisin’s continued growth across Europe,” Dr. Georgadze added. “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 €2bn in interest on their savings, and we look forward to bringing more innovative solutions and partnerships to markets worldwide.”
Finland: A Strategic Growth Market for Raisin
Finland is the latest step in Raisin’s strategic expansion, following successful launches in the U.S. and Poland. The Nordic region is known for its digitally savvy consumers and strong adoption of online financial services, making it an ideal match for Raisin’s solutions. With €111B+ in retail savings deposits and an internet banking penetration of over 95%, Finland presents a strong growth opportunity for Raisin’s innovative, borderless savings platform.
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