Peac Finance: Enters German deposit market with Raisin

Fintech Raisin signed on to support the new PEAC Bank in its entry into the deposit business
The Hamburg-based PEAC granted a banking license by the German Federal Financial Supervisory Authority in December of 2020
The company now offers deposits for private customers under the PEAC Bank brand
Customers can open the interest-bearing accounts, with terms from three months to five years
PEAC Finance supports medium-sized companies in seven countries where the company has established offices with localized capabilities
With Raisin found the right partner to launch deposit business and drive it forward in the most expedited manner

January 18, 2021