“Can a traditional Central and Eastern European universal bank modernize its payment and digital banking infrastructure fast enough to compete with neobanks and retain customer loyalty across 11 markets?”
Raiffeisen Bank International is a major Austrian universal bank operating across 11 Central and Eastern European markets. It has increasingly invested in digital banking infrastructure, launching Raiffeisen Digital Bank as a standalone digital entity and partnering with modern infrastructure providers (Marqeta for card issuing, Wise Platform for cross-border payments) to modernize its retail and business offerings. The bank is both a consumer of embedded finance infrastructure and, through its developer portal and PSD2 APIs, an active participant in the open banking ecosystem as an ASPSP.
Raiffeisen moves money over SEPA Instant and SEPA.
Raiffeisen's cards are issued through Marqeta.
Raiffeisen uses Wise Platform for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 4 layers in Raiffeisen's stack: Money movement (SEPA Instant and SEPA); Card issuing (Marqeta); Lending (Credit lines (EBRD Go Digital in the Western Balkans Programme), Shopping Line (OeKB ECA-covered financing via RBI bank-to-bank), Mid-to-long-term corporate loans and Business credit lines); FX & payouts (Wise Platform).
Raiffeisen is headquartered in Vienna, Austria.
Get a read on where your own stack stands against Raiffeisen and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.