Yolt’s CEO Frank Jan Risseeuw

Holland-based money management app, Yolt, has announced its partnership with European savings marketplace, Raisin. The partnership will provide Yolt’s European consumers with access to Raisin’s range of savings products.

The partnership will allow Yolt’s consumers to seamlessly invest their savings, selecting from deposit products, all with competitive interest rates, in one place. Additionally, Yolt users will be able to view their Raisin savings accounts directly in the app next to their credit and debit accounts and transactions that Yolt enables them to track. Yolt users will be able to view their Raisin savings accounts directly in the app next to their credit and debit accounts and transactions that Yolt enables them to track.

Yolt’s CEO Frank Jan Risseeuw commented: “Our partnership with Raisin will enable our users to have access to finding the best savings options for them. Adding to our savings proposition, users will now be able to have a clear and comprehensive view of their savings as well as their spending habits, all in one place. It’s partnerships like these that really raise the bar in the money management space, and what better way to put your hard-earned savings to work!”

The partnership aims to expand and support Yolt’s and Raisin’s commitment to Open Banking Collaboration.

“With our shared dedication to open banking, this cooperation will give Yolt users access to better savings along with transparency over their deposits — connecting both our companies’ core values,” stated Raisin co-founder and CEO Dr. Tamaz Georgadze. “As a pan-European platform dedicated to breaking down barriers, we’re excited to work together across Europe to provide savers a better financial experience and unlocking what we believe has great potential.”

by Megha Bhattacharya
Market Analyst at IBS Intelligence
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