“Can a greenfield, composable digital bank built on third-party infrastructure displace legacy branch banking for digitally-native consumers across Central and Eastern Europe?”
Raiffeisen Digital Bank was created in 2021 as a greenfield digital venture within Raiffeisen Centrobank AG (part of Raiffeisen Bank International), designed to bring cloud-native digital banking to Central and Eastern European consumers who were underserved by the group's legacy branch-based model. Rather than retrofitting existing infrastructure, RDB was built composably on Mambu's lending engine and Marqeta's card-issuing platform, launching first in Poland with digital loans and later adding a full current account, debit card, savings, and deposit suite. The entity was subsequently incorporated as Raiffeisen Digital Bank AG with its own Austrian bank license, positioning it both as a consumer-facing digital bank and as an enabling platform that internal and external partners can build on.
Raiffeisen Digital Bank discloses Marqeta as its banking provider, according to the Embedded Finance Index 2026.
Raiffeisen Digital Bank does not disclose a bank charter of its own; its banking services are provided through Marqeta.
Raiffeisen Digital Bank's cards are issued through Marqeta.
Raiffeisen Digital Bank uses Wise Platform for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 5 layers in Raiffeisen Digital Bank's stack: Banking / BaaS (Marqeta); Card issuing (Marqeta); Lending (Fully digital consumer cash loans (Poland), Working capital term loans, Credit line for working capital and Overdraft); FX & payouts (Wise Platform); Transaction enrichment (Dateio).
Raiffeisen Digital Bank is founded in 2021 and headquartered in Vienna, Austria.
Get a read on where your own stack stands against Raiffeisen Digital Bank 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.