The industry has grown and grown out of its infancy. There are so many companies that shape the industry but not all are equally known. Who are the companies that are the glue between finance and digital technologies?
Raisin / WeltSparen GmbH
The most attractive savings and investment products from a single source: WeltSparen offers customers fast and uncomplicated access to the most attractive daily and fixed-term offerings from across Europe. With the WorldInvest ETF portfolios, investors invest their money easily and inexpensively.
The Business Model of Raisin / WeltSparen
Since the financial crisis of 2008, interest rates in Germany have only one direction: downwards. WeltSparen mediates savings and investment products and exploits the different interest rates across Europe for its offering. Savers benefit from transparent access to better interest rates: with only one registration on the interest rate portal, consumers from 31 countries currently receive over 250+ savings offers from 65+ partner banks. Raisin receives a commission from the partner banks offering their products on the Raisin platforms (for example in Germany under the WeltSparen brand) for brokered investment volumes. For customers, the service is free.
Partnerships
Vanguard and BNP Paribas, Temenos, N26, Solaris Bank, Binckbank, Santander, LHV, ICICI, o2 Banking of Telefónica Germany
What makes Raisin / WeltSparen so special?
The success is confirmed by the work of the team and business model. They are the first and only true pan-European rate portal.
“But more importantly, saving the world solves an acute problem (low interest rates) for a large target group (security-oriented savers in Europe) in an innovative and very user-friendly way (low-threshold online registration, easy one-off account identification by post or video identification, simple Management of one or more European savings schemes as well as high service comfort for customers). Our ETF portfolios complete our offer. Due to the high level of customer satisfaction, in addition to new customers we are also growing very strongly among our existing customers. Our experienced team is continuously working on customer satisfaction and acquisition, opening up new markets, developing partnerships with partner banks and distribution partners and expanding our product range. Multiple awards as well as our outstanding customer satisfaction results show that World Savings stands for the future of saving and investing”
Last words
“We are grateful for every single voice and support from the fintech community. If you would like to find out more about us, visit www.weltsparen.de or visit www.raisin.com – or consult the medium of your trust, for example: www.paymentandbanking.com, www.finanz-szene.de, the Financial Times , FAZ, Handelsblatt, Süddeutsche Zeitung, TechCrunch or others”.
Also published on Medium.