Raisin Achieves Major Financial Milestone in 2023
Berlin, Germany - February 15, 2023
Raisin GmbH, the leading European Open Banking fintech, today announced a significant financial milestone with an EBITDA of 20 million and a net profit of 1 million for 2023. This achievement marks a turning point in the company's history.
Headquartered in Germany, Raisin has established a single, transparent marketplace for savings and investment products, connecting 15 million customers worldwide with more than 55 billion euros invested. Its innovative B2B deposits platform, Deposit Solutions, has revolutionized the way financial institutions manage their deposits.
In 2021, Raisin merged with Deposit Solutions, solidifying its position as one of the largest Open Banking fintechs in Europe. The company's success is attributed to its focus on customer satisfaction and its commitment to providing innovative financial solutions that meet the needs of savers and financial institutions alike.
Raisin's CEO and co-founder, Dr. Tamaz Georgadze, expressed his pride in the company's achievements: "Reaching profitability is a testament to our team's hard work and dedication. We are committed to continuing our growth trajectory and providing our customers with the best possible banking experience."
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