Raisin acquires German banking provider MHB Bank

Raisin, the pan-European fintech marketplace for savings and investment products, has acquired MHB Bank of Frankfurt, its main provider of banking services in Germany. By purchasing MHB Bank, Raisin can bring a key part of its infrastructure in-house and also utilise the full bank license to “passport” its various financial services to other European Economic Area countries. Read more here.