Raisin, the platform for savings and investments, acquires pension startup Fairr

Raisin, the platform for savings and investments, acquires pension startup Fairr

5 years ago
Anonymous $4ckUSNo_FL

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.

Raisin, the platform for savings and investments, acquires pension startup Fairr

Aug 27, 2019, 8:17am UTC
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.