The two Fintechs launch a cross-border partnership: Younited Credit markets its savings products to German and Austrian residents via Raisin.
Berlin / Paris, June 9, 2016 – Raisin, the pan-European online investment platform (also active in France recently), and Younited Credit (formerly Prêt d’Union), the leading retail credit platform in France, announce today the beginning of their international collaboration. Younited Credit will market via German Raisin platform Weltsparen , term accounts for individuals residing in Germany and Austria.
« This collaboration with Younited Credit offers our clients the opportunity to invest in a country with the AA rating. We are proud to announce our first collaboration with one of the only Fintech in Europe holding a banking license, « says Dr. Tamaz Georgadze, CEO and co-founder of Raisin. « Younited Credit will offer German savers the opportunity to invest in term accounts, all fully online. »
« We are pleased to announce this collaboration with Raisin, which allows us to offer our investment solutions to new investors through an innovative platform, » said Charles Egly, CEO and co-founder of Younited Credit. « This is another decisive step in the internationalization of our model, and we are proud to partner with Raisin, a Fintech whose success and ambition are a model in Europe ».
About Younited Credit
Founded in 2009 in Paris, Younited Credit is the only online retail credit platform in Europe with its own credit institution license; it simplifies household financing. Younited Credit allows professional investors (individuals, but also legal persons: companies, insurers, foundations, pension funds, etc.) to directly finance household consumer credit. Opened to the public in December 2011 in France and March 2016 in Italy, the company – as of May 31, 2016 – has 120 employees and has financed € 340 million in loans.
Younited Credit is approved in France as a Credit Institution and Investment Service Provider by the French Prudential Supervisory and Resolution Authority (ACPR) and the French Financial Markets Authority (AMF) (registration number 16488). ).
About Grape
Founded in 2012 in Berlin, Raisin is a pan-European savings platform; it is the leader in the segment of simple savings products (term accounts, passbooks). In a little over two years of activity, Raisin has gathered more than 45,000 customers who have invested more than 1 billion euros to its different
partner banks. In addition to Germany, its domestic market, Raisin is also active in France via its raisin.fr platform – registered with ORIAS as an intermediary in banking and payment services (n ° 15004576). Raisin is also accessible from 30 European countries via its platform in English raisin.com. The company has more than 65 employees from 17 different nationalities.