Amsterdam/Berlin, 07.10.2021 – Raisin.nl, the Dutch platform of the German fintech in asset management Raisin DS, and Klarna, one of the accumulated agreements in the field of banking, payment and shopping services, have made an exclusive partnership to to bring Klarna Bank’s private savings offer to the Netherlands.
The savings products offered on raisin.nl offer competitive savings rates of up to 0.89% per annum and are therefore an alternative to the Dutch savings market, where zero and even negative interest rates are common. The launch is a logical next step after the collaboration started in Germany last year. Savers can open a Klarna savings account and term deposits with a term of 12 to 48 months that can be called up online completely online via www.raisin.nl.
Wilko Klaassen, general manager of Klarna Belgium, the Netherlands and France says: “In addition to our payment and shopping services, we are continuously developing our banking services. Dutch savers are lacking in savings options, but the demand for savings products with a good interest rate remains high. After our collaboration with Raisin DS in the German market, we are now extending our offer to the next later savings market.”
“The expansion of Klarna into the Dutch savings market is the next step in our success story. It shows that our cooperation is paying off for both parties and that open banking is the future. This is how we reinforce our mission of finding real solutions for savers across Europe,” said Dr. Tamaz Georgadze, co-CEO of Raisin DS.
“After Renault Bank and Nordax, we now offer a third savings account on Raisin.nl with Klarna. RaisinDS is the go-to platform for start-up finance and offerings from savings banks from automotive to full-blown, globally active fintechs,” Georgadze added.
“With Klarna, we have received Raisin DS’ twentieth partner bank in the Netherlands. Klarna’s savings offer offers Dutch savers a bread alternative and it helps us to become the largest pan-European fintech in asset management even faster,” says Eelco Habets, Country Head Netherlands at Raisin DS.
Klarna offers the following interest rates on savings and deposit accounts in the Netherlands via Raisin.nl
Daily callable savings account: 0.16% py
• 12 months: 0.39% py
• 24 months: 0.63% py
• 36 months: 0.77% py
• 48 months: 0.89% py
About Raisin DS
Raisin DS, operator of Raisin.nl, among others, is a pioneer for Open Banking in the field of savings and investments. The fintech company provides an Open Banking infrastructure for the savings market of more than $50 trillion, benefiting both banks and savers. For savers, it includes greater product choice and freedom, customer-oriented institutions such as own investments of best-in-class savings marketplace solutions for their customer base, and (savings) banks get better access to financing in the form of savings. Raisin DS operates its own B2C platforms across Europe under the Raisin, WeltSparen, Savedo and ZINSPILOT brands, and in the US under the SaveBetter brand.
Since Raisin.nl only acquires deposit and savings accounts from EU banks, customers’ savings are protected by national deposit guarantee schemes up to €100,000 per customer per bank, of an amount in local currency. Raisin is licensed to broker savings accounts from the Netherlands Authority for the Financial Markets and offers its website, customer service and documentation in Dutch. In Germany Raisin DS offers savings products for private and corporate clients as well as ETF-based investment and pension products.
Raisin DS cooperates with approximately 400 banks and financial resources from more than 30 countries. The company serves more than 550,000 direct customers. Raisin DS is backed by conflicting international proceedings such as btov, Deutsche Bank, FinLab, Goldman Sachs, Greycroft, Headline/e.ventures, Index Ventures, Kinnevik, Orange Digital Ventures, PayPal Ventures, Thrive Capital, Top Tier Capital Partners, Ribbit Capital, and Vitruvian Partners, supplemented by Peter Thiel. The company has offices in Berlin, Frankfurt, Hamburg, London, Madrid, Manchester, Milan, New York, Paris and Zurich. Raisin DS was created from a merger of the FinTech companies Deposit Solutions and Raisin in June 2021.
We make shopping easy. Klarna is the global leader in smooth shopping and payments. With Klarna, consumers can buy now and pay later, so they can buy what they like. Klarna’s offer to consumers and retailers payments, social shopping and personal spending. More than 250,000 (web) stores, including H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike and AliExpress offer Klarna’s innovative shopping experience online and in-store. Klarna is one of the largest private fintechs worldwide with a valuation of $45.6 billion. Klarna was founded in 2005, has more than 4,000 employees and is active in 17 countries. For more information, visit klarna.com.
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