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Announced

Raisin acquired pension specialist fairr.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

Acquisition

FinTech

Private

Merger

financial technology platform

Friendly

Pending

Single Bidder

Synopsis

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Raisin, the well-capitalised fintech startup that offers a pan-European marketplace for savings and investment products, acquired German pension specialist fairr. Financial terms were not disclosed. Through this strategic acquisition Raisin will get access to the European pension and retirement savings market and become the only platform worldwide to offer its customers access to savings, investments and pension products — all on one online marketplace with one simple registration. This is the second takeover for Raisin this year, following the fintech’s addition of its service bank MHB-Bank to its portfolio.

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