Peac Finance enters German deposit industry with Raisin

Fintech Raisin has signed on to aid the new PEAC Lender in its entry into the deposit small business. 
Raisin CEO and co-founder Dr. Tamaz Georgadze described: “We have created Raisin to be the to start with port of phone, as a pan-European system, for fiscal institutions like PEAC Finance. In in the vicinity of history time we were ready to put into practice a thoroughly electronic deposit presenting with various maturities for PEAC Bank. This start demonstrates that we can provide financial establishments with entry to new, stable, and very versatile funding resources in a make any difference of days or weeks, with nominal hard work — therefore enabling yet another financial institution to enter the deposit market promptly. We have properly applied Financial savings-as-a-Assistance with a “plug-and-play” method for financial establishments in a wide variety of European marketplaces as nicely.”
Dr. Tamaz Georgadze. Photo (c) Lukas Schramm
Specializing in investment decision and gross sales financing for a variety of economic products and solutions and industries, PEAC Finance supports medium-sized organizations in 7 international locations where the enterprise has established workplaces with localized abilities.
PEAC Finance CEO Dr. Thomas Söhlke extra: “With Raisin, we located the correct partner to launch our deposit organization and push it ahead in the most expedited way. By the cooperation we tap into a versatile refinancing platform and can hence properly assistance our business enterprise with medium-sized corporate consumers. Cooperation with fintech companies is furthermore portion of our digitalization agenda for the even further enlargement of our contemporary financing solutions.”