Scalable Capital and Raisin Partner on White-Label Fixed-Term Deposits
Scalable Capital, a digital wealth manager, announced a partnership with Raisin, Europe's leading deposit marketplace, to offer white-label fixed-term deposit products to its portfolio customers. The integration is facilitated through Baader Bank and provides access to deposits from over 20 European banks. Customers of Scalable Capital can now diversify their savings across multiple institutions without leaving the platform.
The partnership exemplifies the embedded finance trend in Europe, where wealth and investment platforms integrate savings products to offer more comprehensive financial services. Raisin's open banking infrastructure enables the white-label distribution, allowing Scalable Capital to offer the products under its own brand. The collaboration strengthens both companies' positions in the European digital savings and investment landscape.
- Raisin's deposit marketplace model enables embedded savings across European fintech platforms
- Demonstrates demand for embedded deposit products within wealth management platforms