“With this partnership we are complementing our product range with products that offer an attractive return without capital market risks. In addition to our automatically managed ETF portfolios for long-term wealth accumulation, our clients can now easily deposit their funds in European fixed-term accounts,” says Florian Prucker, co-founder and co-CEO of Scalable Capital. “We are happy to be working with Raisin. The founding spirit and business model fit together perfectly on both sides. The partnership is ideal for giving our clients access to fixed-term deposits throughout Europe.”
Co-founder and co-CEO of Scalable Capital Florian Prucker
Dr. Tamaz Georgadze, CEO and co-founder of Raisin, adds: “We stand for saving and investing without barriers and want to make the best offers available to consumers, particularly in the current low interest rate environment. This is why we’re pursuing integration partnerships, enabling our partners to expand the range of products they offer. Especially considering better risk diversification and flexibility, fixed-term deposits offer Scalable Capital’s customers a high added value – convenient and easy to access, with a smooth, comfortable user experience.”
Raisin CEO and co-founder Dr. Tamaz Georgadze
Customers can benefit from higher interest rate levels
funds with banks in Germany and the European Economic Area (EEA) at conditions that significantly exceed the current average interest rate in Germany of around 0 percent. In this way, customers can mitigate the effects of inflation. In line with EU law, all savings products of European banks are protected by the respective national deposit insurance up to an amount of 100,000 EUR per customer and bank.
Raisin expands its network of B2B partnerships
Easy investment process via Scalable Capital’s website or apps