Transamerica Ventures is exiting the pension-management app developer in a cash-and-shares transaction that will involve its team joining Raisin.
Investment comparison marketplace Raisin agreed to buy Fairr.de, a Germany-based pension management platform developer backed by insurance group Aegon, for an undisclosed amount last month.
Fairr runs an online platform that enables users to manage their public and private pension plans from a single place, helping them to grow their pension pots through exchange-traded fund investments.
Raisin is paying for Fairr through a combination of cash and shares, and the latter’s staff will all be joining the corporate, which has…
