The financial services marketplaces have merged to form Raisin DS, which counts Deutsche Bank, Goldman Sachs, Orange Digital Ventures and PayPal Ventures as existing investors.
Raisin, a Germany-based financial services marketplace platform backed by investment bank Goldman Sachs, digital payment processor PayPal and telecommunications group Orange, has merged with domestic peer Deposit Solutions.
Founded in 2012, Raisin operates a consumer-focused online marketplace for savings and investment products, while Deposit Solutions has built a digital marketplace for business-to-business deposits.
The merged business will operate under the name Raisin DS and plans to further invest in its technology platforms, expand its product range and enter new markets.…
