Savings platform Raisin enters Italian market

Raisin has introduced its savings level successful Italy, allowing section consumers to presumption and negociate a scope of savings products from antithetic banks done a azygous interface.

The fintech steadfast announced the determination successful a LinkedIn post.

“For our deposit-taking banks, this means entree to a large caller marketplace wherever request for simple, transparent savings options continues to grow. Our level present gives banks a straightforward mode to scope Italian retail customers and connection their products successful a trusted environment,” it noted.

The level is designed to simplify the process of comparing and selecting accounts.

The institution is launching successful Italy with fixed-term products from European partners, with plans to present overnight options later.

All deposits volition beryllium secured by section EU-harmonised warrant schemes, covering up to €100,000 (116,087.5) per depositor, per bank.

The company's determination into Italy extends its scope crossed Europe.

Raisin besides offers its services successful Germany, France, Austria, Spain, the UK, Netherlands, Ireland, Poland, the US, and Finland.

Raisin Italy state caput Marco Falà commented: “We are blessed to denote different level motorboat of Raisin. Expanding to Italy volition springiness customers a amended mode to prevention – simply 1 relationship to entree aggregate EU banks. At the aforesaid time, banks tin easy root unchangeable backing from retail customers. A win-win-win for consumers, banks, and a connected European fiscal market.”

According to his LinkedIn profile, Fala joined the fintech steadfast successful 2019, based retired of Germany.

In July 2021, helium moved to Italy.

"Savings level Raisin enters Italian marketplace " was primitively created and published by Retail Banker International, a GlobalData owned brand.

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