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Raisin, previously known as SaveBetter, is a savings and investment marketplace for retail customers. With a Raisin login, users can fund and manage savings products with a network of banks and credit unions. The platform's partner banks and credit unions pay fees to Raisin in return for marketing their products to customers. Raisin then offers its savings products.
The digital platform for raising retail deposits allows banks and credit unions in the United States to source deposits from savers nationwide. Raisin offers a funding solution that enables institutions to manage deposit volumes and terms on their balance sheets. It also delivers deposit value chain services from marketing and KYC/AML to reporting and customer service.
The Raisin Group owns and operates both Raisin.com and Raisin Solutions US LLC. Headquartered in Germany, Raisin GmbH offers its services on its business to customer savings platforms across Europe and the United States. In 2023, the German savings platform announced plans to expand its presence in the Irish market after the exits of KBC and Ulster Bank.