Global fintech platform for savings and investment solutions offers users seamless access to multiple safe and competitive products

New York, N.Y. (January 28, 2025) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of Raisin as its newest member. Raisin is a leading global fintech platform that offers streamlined access to multiple savings products, empowering individuals to access competitive interest rates, multiples of deposit insurance and manage their savings through the convenience of a single account. By joining AFC, Raisin aligns with a community of responsible innovators dedicated to advancing access, transparency, and stability in the financial system.

“Raisin’s mission to simplify access to savings options aligns seamlessly with AFC’s commitment to financial inclusion and responsible innovation,” said Phil Goldfeder, Chief Executive Officer of AFC. Phil Goldfeder, Chief Executive Officer of AFC. “Their global expertise, technology-driven approach and focus on regulatory compliance makes them a valuable addition to our membership. We are excited to collaborate with Raisin as we work to improve financial outcomes for consumers and institutions alike.”

Raisin’s platform provides customers streamlined access to high-yield savings accounts and certificates of deposit offered by over 70 bank and credit union partners across the U.S. Financial institutions on the Raisin platform benefit from tailored solutions to attract stable, reliable, and diversified retail deposit funding. Raisin also helps to expand market reach and simplify operations by providing banks with an all-around service that absorbs the complexity of a stand-alone digital branch.

With operations across multiple countries, Raisin drives financial empowerment on a global scale.

"At Raisin, our mission is to remove barriers to savings for customers while providing simple access to diversified funding for banks,” said Cetin Duransoy, Chief Executive Officer of Raisin US. “Joining the American Fintech Council provides an opportunity to deepen our impact in the U.S. and collaborate with like-minded organizations to create a more inclusive and innovative financial ecosystem. We look forward to contributing to AFC’s mission and advancing financial solutions that benefit everyone.”

A standards-based organization, AFC is the premier trade association representing the largest financial technology (Fintech) companies and innovative banks offering embedded finance solutions. AFC’s mission is to promote a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.

About Raisin‍

Raisin is the world's leading platform for savings and investment products. Founded in 2012, the fintech connects consumers with banks in the EU, the UK and the US. This gives consumers better interest rates and banks a diversified form of refinancing. Our vision is to offer savings and investments without barriers and thus open up the global +140 trillion dollar market. Raisin currently employs more than 700 people from over 65 countries worldwide. Today, the platform holds over 70 billion dollars in assets from more than one million customers which have accrued over 2 billion dollars in interest with their investments.