Raisin’s New Acquisition Will Help the Fintech Launch in the U.S.

German based savings marketplace fintech Raisin has acquired US software company Choice Financial Solutions to help the startup launch in the U.S.; Raisin will license Choice Financial Solutions’s original to American banks so they can offer flexible savings products for U.S. customers; this is the company’s fourth acquisition in the last 12 months and will be integral to their push into the U.S. savings market; Raisin’s U.S. CEO Paul Knodel tells AltFi: “Joining forces with Choice Financial Solutions lets Raisin begin offering cutting-edge services to banks and customers before we even launch our U.S. platform. Retail consumers increasingly expect convenience in every area of life, and banks today want to meet that demand, not just in terms of online and mobile banking, but also their banks’ available range of products.” Altfi

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