Raisin: Partners with Credorax

Raisin: Partners with Credorax

Raisin: Partners with merchant acquiring bank Credorax to offer its German users retail deposits

  • Credorax, an Israel-based bank and cross-border payments firm ans Raisin, a Germany-based savings marketplace
  • Credorax said the agreement marks the company’s first banking products in the region and
  • Raisin’s German platform, called Weltsparin, will also serve as a portal for new products aimed at retail from Credorax
  • Through this partnership, Raisin will be able to broaden its product portfolio for customers
  • Credorax will also be able to quickly and flexibly expand its banking offer, offering deposits in new markets
  • Entering the savings market both extends their range of products and services