As a result of digitisation and new fiscalisation laws, several fintech startups are offering investment platforms aimed at those want to invest their money and earn decent interest. A few fintech companies offer the best interest rates for their users. One such fintech is Raisin based in Berlin.
In a recent development, two German fintechs – Raisin and fairr have merged. Well, Raisin, the pan-European savings marketplace has acquired fairr, a leading fintech for retirement savings. As a result of this acquisition, Raisin’s customers get ultimate access to specialised pension products. Raisin has acquired 100% of fairr’s share capital in exchange for Raisin shares and cash.
How will Raisin benefit?
Through this acquisition, Raisin will tap into the European pension and retirement savings market worth €12 trillion. It will also become the only global platform offering its customers access to investments, savings, and pension products in a single online marketplace with a simple registration. Notably, this is the second acquisition of Raisin in 2019 following that of MHB-Bank, a service bank.
fairr offers pension schemes
fairr offers Riester and Rürup and company pension schemes. These are cost-efficient, fully transparent and flexible pension product solutions. It offers a pension cockpit letting users have a holistic overview of their retirement savings.