Vida Bank Partners with Raisin UK

Vida Bank, the UK’s newest bank, has partnered with Savings marketplace, Raisin UK, for its savings business, Vida Savings.

Initially launching with a competitive 45-Day Notice account, offering 4.35% AER and an Easy Access account with 4.25% AER, the partnership will see Vida Savings offer a range of accounts over time to Raisin's extensive customer base.

Rob Reed, Savings Director at Vida Bank, commented, “Joining the Raisin marketplace allows us to provide even more savers with access to Vida Savings' fair, transparent and competitive rates of interest. We are looking forward to working with the Raisin team”

Steven Amos, CEO at Raisin UK, added: “Partnering with Vida Bank marks an exciting step forward in our mission to broaden consumer choice and deliver consistently competitive savings products. We’re pleased to welcome Vida Savings to our marketplace and look forward to helping them grow their customer base while offering our users more ways to make their money work harder.”

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 euro market. Raisin currently employs more than 700 people from over 65 countries worldwide. Today, the platform holds over 70 billion euros in assets from more than one million savers which have accrued over 2 billion euros in interest with their investments.