Announced
Financials
Sources
Tags
Germany
Acquisition
FinTech
Private
Merger
financial technology platform
Friendly
Pending
Single Bidder
Synopsis
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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