Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

MHB Bank joins forces with Raisin to become Raisin Bank

Dr. Andreas Wolf, CCO of Raisin Bank

Raisin has announced the re-positioning of MHB Bank to Raisin Bank post their €25 million investment from Goldman Sachs and their acquisition of retirement funds specialist fairr. It has also stated that its German brand WeltSparen will be renamed to WeltSparen by Raisin.

“The bank’s rebranding is the next move in a realignment, underscoring our strong focus on digitization, fintech, and banking-as-a-service. The in-depth exchange of experience and knowledge with Raisin helps us support our cooperation partners even better. It also means we will soon be able to offer a broader palette of services with the most modern interfaces in the digital retail banking business,” explained Dr. Andreas Wolf, Chief Commercial Officer of Raisin Bank.

The supplier has stated that Raisin along with Raisin Bank aim to utilize the opportunities in the areas of customer access, technology and regulation for the launch of new products and entry in new markets. The supplier is expected to leverage MHB Bank’s focus on bank lending solutions and escrow services.

Raisin, in March, announced that it has taken over MHB Bank in a bid to expand its areas of operation as well as its value chain. The acquisition aimed to combine the banking regulatory techniques with the expertise of a customer-centric fintech.

Related IBS Intelligence Research

Related Posts


NAB to recruit bankers and advisers for high net wealth clients

National Australia Bank (NAB) announced that it will recruit 50 new bankers and advisers, as part of its new strategy to provide high net wealth clients with a single point of access for their financial needs, ranging from wealth creation, business growth to retirement needs and philanthropic investment. JBWere CEO and leader for NAB Private, […]

This post is only available to members.

Read More »

EQ launches new automated complaints management product

EQ has announced that it is launching a new automated complaints management product for the financial services industry, EQ Complaints Professional. The new solution is expected to enable firms to enforce their FCA compliance immediately as well as continually as regulation changes. Andrew Edler, MD of EQ Charter, commented, “We are delighted to bring this […]

This post is only available to members.

Read More »
bank, FinTech, neobank, smartbanks, challenger banks, Asia

Australia’s big 4 banks welcome the launch of open banking

The Competition and Consumer (Consumer Data Right) Rules went live on July 1, in Australia. This has been welcomed by the big 4 banks of the country – ANZ, Westpac, Commonwealth Bank and NAB where they will be sharing their customers’ data with third parties, when requested by the customer. Angus Sullivan, CBA’s Group Executive […]

This post is only available to members.

Read More »

Lendio facilitates $8 bn in PPP loans to 100,000 small businesses

Lendio, a leading marketplace for small business (SMB) loans, announced that the company has till now facilitated $8 B in Paycheck Protection Program (PPP) loans for 100,000 small businesses. The firm’s partnership with 300 SBA-approved financial institutions and FinTech leaders has helped the company to secure COVID-19 relief funds for several underserved segments of the […]

This post is only available to members.

Read More »