Raisin, the platform for savings and investments, acquires pension startup Fairr
https://techcrunch.com/2019/08/27/raisin-acquires-pension-startup-fairr/
Raisin, the well-capitalised fintech startup that offers a pan-European marketplace for savings and investment products, has acquired Fairr, a German startup disrupting the pensions industry. Terms remain undisclosed, although I understand the price was in the “double-digit Euro millions” range.
The majority of the deal was cash, although some Fairr investors exited with a mixture of cash and Raisin stock. Fairr’s investors included IBB Investitionsbank Berlin, Transamerica Ventures , Pro7Sat.1 Accelerator, and Söderberg & Partners.