Raisin and Deposit Solutions to form Raisin DS Joint Venture.

Deposit Solutions, a B2B Open Banking platform, completed the acquisition of Raisin, a pioneer in the savings and investment market, servicing banks and consumers. Financial terms were not disclosed. “Deposit Solutions and Raisin have brought important innovations to a market that has been underserved for decades. Together we can achieve even more. By uniting Deposit Solutions and Raisin, we’re transforming two German innovation leaders into the European champion with global ambitions,” Tim Sievers, Deposit Solutions CEO and Founder.