Startups Weekly: SoftBank’s second act

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I noted some challenges plaguing mental health tech startups. Before that, I wrote about Zoom and Superhuman’s PR disasters. Remember, you […]

Embedded finance, or why fintech mega VC rounds have become so common

How dozens of fintech companies finally found the formula for profits Danny Crichton 1 day Another day, another monster fintech venture round. This morning, it was personalized banking app MoneyLion, which raised $100 million at a near unicorn valuation. Last week, it was N26, which raised another $170 million on top of its $300 million […]

Raisin picks up $28M backing from Goldman Sachs for its savings and investment marketplace

Raisin, the fintech startup that offers a pan-European marketplace for savings and investment products, has picked up additional funding. Goldman Sachs has invested $28 million (€25m), following the company’s $114 million in Series D in February. The new capital will be used by Raisin to build out its U.S. presence ahead of a 2020 launch […]

Raisin, the marketplace for savings and investment products, acquires German banking provider MHB Bank

Hot on the heels of raising $114 million in Series D funding, Raisin, the pan-European fintech marketplace for savings and investment products, has acquired MHB Bank of Frankfurt, its main provider of banking services in Germany. Terms of the acquisition remain undisclosed and the deal is still subject to regulatory approval. However, the move signals […]

Raisin raises $114M for its pan-European marketplace for savings and investment products

Raisin, the pan-European fintech marketplace for savings and investment products, is disclosing that it has raised $114 million in Series D funding. Existing investors Index Ventures, PayPal, Ribbit Capital and Thrive Capital all participated in the round, which brings the total raised to date to $200 million. Tellingly, the fast-growing Berlin fintech says it plans […]

Raisin, the European savings deposit marketplace backed by PayPal, gets dedicated UK launch

Raisin, the PayPal-backed savings deposit marketplace that lets you shop for a better interest rate across Europe, has launched a dedicated U.K. site, meaning that savers can now access deposit accounts in Sterling. The first partner bank on the British version of the platform is BACB, which is offering a range of fixed-term savings accounts, […]

PayPal backs pan-European savings deposit marketplace Raisin

 Raisin, the savings deposit marketplace that lets you shop for a better interest rate across Europe, has picked up backing from PayPal. Described as a “strategic investment,” the new funding round remains undisclosed. Read More (adsbygoogle = window.adsbygoogle || []).push({});