Raisin is a German fintech company that allows customers in Europe to invest in savings accounts around the EU that offer the best interest rates. Raisin, formerly called WeltSparen, does not hold any of the customer’s money, but instead opens each saver an individual account at the bank where their money is invested. The money invested by the consumer can be stored in any of the partner banks across the EU, regardless of which country the customer is from or currently has their money. There are over 50,000 customers who use Raisin, accounting to $2.1 billion deposited in 27 partner banks across 14 European countries. Raisin is continuing to add more banks as they grow, as well as find partnerships with other fintechs to make sure their products stay attractive. They claim that customers have earned over 20 million euros in interest since their launch three years ago. The employees at Raisin have stated that they believe the next billion will be easier than the previous one.
http://www.businessinsider.com/fintech-raisin-reaches-2-billion-investment-milestone-2017-1
https://fintechvalley.org/2016/11/14/fintech-valley-interview-raisin-a-company-profile/