Crypto Financial Platform 2gether Teams With Cross-Border Savings Marketplace Raisin

News | February 20, 2020 By:

Collaborative financial platform 2gether has teamed with cross-border savings marketplace Raisin to enable its users to open deposits from more than 90 European banks, with interest rates of up to 1.80% APR.

Founded in 2016, 2gether aims to build the financial platform that customers would build for themselves. The company’s mission is to bridge the gap between crypto users and the mainstream market to simplify customers’ financial decisions. 2gether users everywhere are able to spend supported cryptocurrencies as they would regular fiat anytime, anywhere. In addition, 2gether has successfully launched its ATM feature, allowing users to withdraw cash against their crypto holdings from any Visa-accepted ATM.

Based in Berlin, Raisin offers simple access to attractive and guaranteed deposit products from all over Europe, as well as globally diversified, cost-effective ETF portfolios and pension products at zero cost. To date, Raisin has launched eight platforms and brokered over €20 billion for more than 230,000 customers in 30+ European countries and 90+ partner banks.

As part of the partnership, 2gether is integrating Raisin deposits on its platform to meet the key consumer need for diversification and to take its collaborative business model to the next level.

“2gether users in every market across Europe will be able to access Raisin’s deposit products – with interest rates of up to 1.80% APR, depending on where they’re located,” 2gether said. “Additionally, in line with its core mission, 2gether will return to users the value they generate for the platform in 2GT, 2gether’s native token, when they open their first Raisin deposit.”

2gether added that the partnership will also give its users the chance to diversify, with access not only to cryptocurrencies, but also higher interest rates on their savings.

“We are thrilled to be partnering with Raisin to enable users on our platform to select the most competitive interest rates possible,” said Ramon Ferraz, CEO of 2gether. “In addition to our goal of furthering the mass adoption of cryptocurrency by giving customers a way to spend crypto in their everyday life, 2gether aims to take its collaborative business model to the next level by giving back to users the total value they generate for the platform. By integrating Raisin into our platform, we are taking a major stride toward this goal.”

Miguel Freire, Country Manager of Raisin, said that this new partnership with 2gether signals the importance of deposits across all kinds of wealth management platforms.

“As the leading pan-European savings platform we understand the value of 2gether’s disruptive and democratizing platform,” said Freire. “We’re pleased to enable users across the continent to diversify their investing with competitive savings products.”