“Can a European savings marketplace become the regulated infrastructure backbone for both retail deposit access and embedded pension/financial products across the EU and UK?”
Raisin SE began as a marketplace connecting European retail savers to higher-yield deposits at partner banks, operating a 'one-time KYC' model that removed onboarding friction. The group expanded its regulatory footprint by building Raisin Bank AG, a fully licensed German bank that now operates a BaaS layer for FinTech partners — taking on fronting-bank roles for lenders like Wayflyer and BNPL providers like Mondu. Raisin Pension is the retirement savings vertical of this broader platform, leveraging Raisin's deposit infrastructure and regulatory licensing to offer pension and long-term savings products. The group's strategy centres on being both the consumer-facing marketplace and the regulated infrastructure behind third-party financial products.
Raisin Pension discloses Raisin Bank AG (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Raisin Pension does not disclose a bank charter of its own; its banking services are provided through Raisin Bank AG (in-house).
Raisin Pension moves money over SEPA.
Raisin Pension's lending and capital products are provided by Mambu.
Raisin Pension runs its ledger on Mambu.
Raisin Pension connects to bank accounts through Salt Edge.
The Embedded Finance Index 2026 maps 5 layers in Raisin Pension's stack: Money movement (SEPA); Banking / BaaS (Raisin Bank AG (in-house)); Ledger (Mambu); Lending (Mambu, Fronting bank for revenue-based financing (Wayflyer) and B2B BNPL (Mondu partnership)); Open banking (Salt Edge).
Raisin Pension is headquartered in Berlin, Germany.
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