Search Results for "Raisin"
9 results for "Raisin"
Deals 8
Mastercard Launches "Mastercard For Fintechs" Program in Western Europe
Mastercard launched its "Mastercard For Fintechs" program on June 5, 2024, targeting early-stage fintechs in Western Europe across payments, embedded finance, Web3, and banking/SME verticals. The program offers education, networking, competitions, and a €50,000 marketing prize plus fast-track access to Mastercard Start Path. It aims to support fintechs in Belgium, France, Italy, Luxembourg, Netherlands, Spain, and Portugal amid challenging fundraising conditions.
Ayoconnect Raises $13M Series B Extension for Open Finance Expansion
Indonesia-based open finance and BaaS API platform Ayoconnect raised $13 million in a Series B extension led by SIG Venture Capital. CE Innovation Capital participated, and existing investor PayU (Prosus) increased its stake. The round brought Ayoconnect's total 2022 fundraising to $28 million, with plans to expand its leadership team and develop new APIs for payments, banking, account opening, and card issuing.
Raisin Bank Launches BaaS Offering on Mambu Cloud Banking Platform
Raisin Bank launched its Banking-as-a-Service offering on November 5, 2021, built on Mambu's cloud banking platform. The service provides outsourced banking capabilities including accounts to fintechs and startups. The partnership combines Raisin Bank's banking license with Mambu's cloud-native core banking technology.
Raisin Partners with MapleMark Bank for U.S. BaaS Expansion
German fintech Raisin announced its first U.S. banking-as-a-service partner, Dallas-based MapleMark Bank, following 18 months of preparation for U.S. market entry. The partnership enables Raisin to offer its savings marketplace product to American consumers. This marks a significant transatlantic expansion for the European deposit marketplace platform.
Amount Raises $81M Series C to Power Digital Banking for Financial Institutions
Amount, a US-based fintech, raised $81 million in a Series C round led by Goldman Sachs Growth. The company provides technology solutions that enable financial institutions to enhance their digital consumer banking experiences. The round brought Amount's total 2020 fundraising to nearly $140 million.
Mobile Banking Fintech Current Raises $20M Series B Funding
Current, a mobile banking app offering FDIC-insured accounts through partner banks, raised $20 million in Series B funding. The round brought total fundraising to $45 million and supported growth past 500,000 accounts. New investors included Wellington Management, Galaxy Digital EOS VC Fund, and CMFG Ventures, with returning investors QED Investors, Expa, and Elizabeth Street Ventures.
Scalable Capital and Raisin Partner on White-Label Fixed-Term Deposits
Scalable Capital partnered with Raisin to offer white-label fixed-term deposit products from over 20 European banks via Baader Bank. The integration allows Scalable Capital's portfolio customers to access competitive savings rates across multiple banks. This represents a significant embedded finance collaboration in the European savings market.
World Bank Launches Blockchain Bond Platform Raising A$110 Million
The World Bank priced its first global blockchain bond (bond-i), raising A$110 million. The platform uses distributed ledger technology for debt issuance, allocation, transfer, and management. Commonwealth Bank of Australia arranged the transaction, demonstrating blockchain's potential in capital markets infrastructure.