Goldman Sachs invests €25m in German fintech for US launch

clock • 1 min read

Global investment bank Goldman Sachs has invested €25m in Berlin-based fintech company Raisin. The new investment follows the fintech's recent Series D round of €100m raised in February 2019. With the new funding, Raisin will build its stateside presence to prepare a 2020 launch in the $12.7trn US savings market, as well as enter two new European markets within 2019.  Following Raisin's acquisition in 2017 of Manchester-based PBF Solutions — Raisin UK (raisin.co.uk) — the startup bought its long-time servicing bank MHB-Bank in early 2019. Now, the fintech aims to further advance its t...

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