Raisin - About the company
Raisin is a series E company based in Berlin (Germany), founded in 2013 by Frank Freund, Michael Stephan and Tamas Giorgadse. It operates as a Comparison platform for bank accounts. Raisin has raised $304M in funding from investors like Index Ventures, PayPal and Thrive Capital. The company has 48 active competitors, including 10 funded and 13 that have exited. Its top competitors include companies like NerdWallet, CHECK24 and Bankrate.
Company Details
Raisin offers a comparison platform for bank accounts. It offers comparisons of savings accounts & term deposits on the basis of interest rates. It also offers comparisons for fixed-rate bonds. It provides deposit guarantee schemes to users.
- Website
- www.raisin.com/en-us/
- Registered Address
- Raisin P.O. Box 13 01 51 13601 Berlin Germany
Key Metrics
Founded Year
2013
Location
Berlin, Germany
Stage
Series E
Total Funding
$304M in 11 rounds
Latest Funding Round
Investors
Ranked
2nd among 48 active competitors
Employee Count
779 as on Jun 30, 2026
Similar Companies
Legal entities associated with Raisin
Raisin is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
RAISIN CIN: 40103669021 , Latvia, Deadpooled | May 10, 2013 | €0 - €1M (As on Dec 31, 2023) | 1 (As on Dec 31, 2022) | - |
Raisin GmbH CIN: HRB146726 , Germany, Active | Feb 26, 1995 | - | 9 (As on Dec 31, 2023) |
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Raisin's funding and investors
Raisin has raised a total funding of $304M over 11 rounds. Its first funding round was on 2013. Its latest funding round was a Series E round on Feb 17, 2023 for $*****. 2 investors participated in its latest round. Raisin has 34 institutional investors and 26 angel investors.
Here is the list of recent funding rounds of Raisin:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 17, 2023 | 6227359 | Series E | 4422235 | 2164649 | 2132036 | 6106964 |
Jan 28, 2022 | 9423090 | Series D | 3560951 | 7180364 | 7619489 | 7209851 |
Jul 16, 2019 | 3378191 | Series D | 8823466 | 3670419 | 4099279 |
View details of Raisin's funding rounds and investors
Raisin's founders and board of directors
Founder? Claim ProfileThe founders of Raisin are Frank Freund, Michael Stephan and Tamas Giorgadse. Tamas Giorgadse is the CEO of Raisin.
Here are the details of Raisin's key team members:
- Frank Freund: Co-Founder of Raisin and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Michael Stephan: Co-Founder & COO of Raisin. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Tamas Giorgadse: Co-Founder & CEO of Raisin and founder of 1 other company.
Raisin's Board of Directors
Raisin's board has 1 active member. Leonid Raisin is independent board member.Here is the list of Raisin's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 21y 10m |
View details of Raisin's Founder profiles and Board Members
Raisin's employee count trend
Raisin has 779 employees as of Jun 26. Here is Raisin's employee count trend over the years:
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Raisin's Competitors and alternates
Top competitors of Raisin include NerdWallet, CHECK24 and Bankrate. Here is the list of Top 10 competitors of Raisin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | NerdWallet 2009, San Francisco (United States), Public | App-based comparison platform for financial products | $123M | 74/100 | |
2nd | Comparison platform for bank accounts | $304M | 73/100 | ||
3rd | Operator of online platform providing comparison services for insurance and finance | - | 68/100 | ||
4th | Bankrate 1976, North Palm Beach (United States), Acquired | Empowering financial well-being through expert guidance, tools, and comparison resources | - | 66/100 | |
5th | Flagstone 2013, London (United Kingdom), Series B | Platform providing access to multiple high-interest savings accounts from various banks | $32.8M | 62/100 | |
6th | MoneySuperMarket 1993, Ewloe (United Kingdom), Public | Developer of an online comparison platform for life and non-life insurance and loans | - | - | 59/100 |
7th | Modern Finance 2016, New York City (United States), Series B | Online deposit marketplace for banks and financial institutions | $60M | 51/100 | |
8th | Online comparison platform for fixed-term deposits | $7.6M | 51/100 | ||
9th | WalletHub 2012, Washington, DC (United States), Unfunded | Financial wellness platform offering credit scores, reports, and personalized financial advice | - | - | 49/100 |
10th | Multi-deposit account offerings in a single account | - | - | 39/100 |
Looking for more details on Raisin's competitors? Click here to see the top ones
Raisin's Investments and acquisitions
Raisin has made 2 investments in companies including Billie and Joonko. Raisin has also acquired 3 companies including CHOICE Financial Solutions and fairr.de.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 25, 2021 | Investments | 2017 | Berlin (Germany) | |
Jan 15, 2020 | Acquisition | 2010 | Madrid (Spain) | |
Sep 16, 2019 | Investments | 2019 | Berlin (Germany) |
See all acquisitions by Raisin
Reports related to Raisin
Here is the latest report on Raisin's sector:
News related to Raisin
Media has covered Raisin for 1 event in last 1 year, It was about company updates.
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Raisin Launches Savings Platform in Italy, Entering Europe’s Third-Largest Deposit MarketFintech Finance•Mar 05, 2026•Raisin
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Raisin achieves €4 billion in returns and launches new brand lookFintech Finance•Jun 11, 2025•Raisin
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Europe Trending Wealthtech Raisin Launches Platform in Finland to Offer Savers Access to Savings Products From Across EuropeThe Fintech Times•Mar 17, 2025•Raisin
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Raisin UK partners with Salt Edge to enhance open banking complianceRetailbankerinternational•Dec 18, 2024•Raisin, Salt Edge, Raisin UK
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Klarna and Raisin team up to launch savings accounts in GermanyFintech Finance•Aug 19, 2024•Klarna, Raisin
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Upvest and Raisin Migrate Single-Digit Billion in AuM Over One WeekendCrowdfund Insider•May 24, 2024•Upvest, Raisin
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Raisin Reports First Profit in 12 Years amidst Surge in Customer DepositsFinance Magnates•May 13, 2024•Raisin
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