Raisin Bank AG

Raisin Bank AG is a German credit institution headquartered in Frankfurt am Main and supervised by BaFin and the Deutsche Bundesbank under the CRR/CRD framework. Formerly MHB-Bank AG, it was acquired by the Raisin group and rebranded in 2019; today it operates primarily as a transaction and banking-as-a-service provider for fintechs, platforms, and institutional partners. The bank offers white-label services including customer onboarding and KYC/AML, account provisioning with German IBANs, SEPA payment processing, escrow/client money accounts, and loan fronting and servicing, delivered via modular APIs and outsourcing arrangements. For retail savers using Raisin’s deposit marketplaces (such as WeltSparen/Raisin), a Raisin Bank transaction account is typically opened to route funds to partner banks; money held in that account is a deposit at Raisin Bank and is covered by Germany’s statutory deposit guarantee scheme (generally up to EUR 100,000 per depositor, per bank), while term and notice deposits are placed with external partner banks and fall under the respective national guarantee schemes. The institution does not position itself as a universal branch-based retail bank and offers limited direct-to-consumer products beyond the transaction account used for marketplace flows. Its business model emphasizes fee-based services with a comparatively light balance sheet; credit exposures are often originated for third parties and transferred or serviced, shifting the bank’s risk profile toward operational, compliance, and partner-related risks rather than large-scale proprietary lending. Services are targeted mainly at clients within the European Economic Area, with availability, onboarding, and tax treatment dependent on customer residence and product type.