Raisin Brings in $114mn as they Eye Expansion

German based Raisin has raised $114mn from Index Ventures and PayPal; the wealth tech startup helps customers find accounts with higher rates across the EU; Tamaz Georgadze, Raisin chief executive, said to the FT he wanted to create a “Schengen experience” for banking — comparing it to the EU’s passport-free travel zone; there was no further details on valuation but the company plans to use the new capital for strategic acquisitions and international expansion. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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