{"id":518251,"date":"2020-10-26T06:20:19","date_gmt":"2020-10-26T06:20:19","guid":{"rendered":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/"},"modified":"2021-09-21T12:02:29","modified_gmt":"2021-09-21T12:02:29","slug":"penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/","title":{"rendered":"Penta teams up with Raisin to launch new term and overnight deposits"},"content":{"rendered":"

\"\"<\/a>Germany-based digital platform for business banking, Penta<\/a> has announced a partnership with savings marketplace Raisin<\/a> along with the release of a new range of corporate term and overnight deposits. The partnership is expected to allow Penta\u2019s business customers to access higher interest rates by investing in Raisin deposit products through their accounts.<\/p>\n

Jessica Holzbach, co-founder and Chief Customer Officer of Penta explained, \u201cThrough the cooperation with Raisin, we are one of the few digital financial service providers for business that can offer its customers a very good alternative to high costs caused by negative interest rates, such as those that arise after financing rounds of young companies. This option, which has long been available to private customers, is now also accessible to business customers at Penta. It\u2019s quick, easy and digital \u2013 just as they are used to from Penta.\u201d<\/p>\n

Penta\u2019s integration of Raisin will enable clients to open and centrally manage any number of deposits with just one login. The terms of the new products range from daily availability to an investment horizon up to six years, with interest rates of up to 2.5% p.a. The minimum deposit amount is \u20ac 5,000, with the deposits protected up to at least \u20ac100,000 per depositor and bank by European legal deposit insurance.<\/p>\n

\u201cSophisticated liquidity management is more important than ever for companies to generate interest income. Through our cooperation, Penta creates solutions for more efficient liquidity management with very flexible options,\u201d added Lisa Schmid, Head of Business Clients at Raisin.<\/p>\n

Recently, Raisin announced a new partnership with German B2B financial product broker PROCHECK24 in a bid to develop a hybrid approach to embedded finance. Deposit products from Raisin\u2019s European partner banks are integrated into its German savings marketplace WeltSparen, then via PROCHECK24 into the broker\u2019s bank partners, where they become available to those banks\u2019 retail customers.<\/p>\n","protected":false},"author":8,"featured_media":518252,"parent":0,"template":"","categories":[11376,11387,11378],"tags":[11656,14138,14139],"class_list":["post-518251","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-digital-banking","category-investment-management","category-open-banking","tag-germany","tag-penta","tag-raisin"],"acf":[],"yoast_head":"\nPenta teams up with Raisin to launch new term and overnight deposits - IBS Intelligence<\/title>\n<meta name=\"description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penta teams up with Raisin to launch new term and overnight deposits\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/\" \/>\n<meta property=\"og:site_name\" content=\"IBS Intelligence\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-21T12:02:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IBSIntelligence\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/\"},\"author\":{\"name\":\"Megha Bhattacharya\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1\"},\"headline\":\"Penta teams up with Raisin to launch new term and overnight deposits\",\"datePublished\":\"2020-10-26T06:20:19+00:00\",\"dateModified\":\"2021-09-21T12:02:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/\"},\"wordCount\":319,\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg\",\"keywords\":[\"Germany\",\"Penta\",\"Raisin\"],\"articleSection\":[\"Digital Banking\",\"Investment Management\",\"Open Banking\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/\",\"url\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/\",\"name\":\"Penta teams up with Raisin to launch new term and overnight deposits - IBS Intelligence\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg\",\"datePublished\":\"2020-10-26T06:20:19+00:00\",\"dateModified\":\"2021-09-21T12:02:29+00:00\",\"description\":\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\",\"breadcrumb\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#primaryimage\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg\",\"width\":300,\"height\":300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ibsintelligence.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Penta teams up with Raisin to launch new term and overnight deposits\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ibsintelligence.com\/#website\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"name\":\"IBS Intelligence\",\"description\":\"Financial Technology News & FinTech Research\",\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ibsintelligence.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ibsintelligence.com\/#organization\",\"name\":\"IBS Intelligence\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"width\":299,\"height\":80,\"caption\":\"IBS Intelligence\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\",\"https:\/\/x.com\/IBSIntelligence\",\"https:\/\/www.instagram.com\/ibsintelligence\/\",\"https:\/\/www.linkedin.com\/company\/ibs-intelligence\/\",\"https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1\",\"name\":\"Megha Bhattacharya\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1362c6626841836d22ced9f26aa1a5fd948d369a7593c1f0db33ebd51583c80b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1362c6626841836d22ced9f26aa1a5fd948d369a7593c1f0db33ebd51583c80b?s=96&d=mm&r=g\",\"caption\":\"Megha Bhattacharya\"},\"description\":\"Megha is a Market Analyst at IBS Intelligence.\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Penta teams up with Raisin to launch new term and overnight deposits - IBS Intelligence","description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/","og_locale":"en_US","og_type":"article","og_title":"Penta teams up with Raisin to launch new term and overnight deposits","og_description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","og_url":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/","og_site_name":"IBS Intelligence","article_publisher":"https:\/\/www.facebook.com\/ibsintelligence.cmc\/","article_modified_time":"2021-09-21T12:02:29+00:00","og_image":[{"width":300,"height":300,"url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@IBSIntelligence","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#article","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/"},"author":{"name":"Megha Bhattacharya","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1"},"headline":"Penta teams up with Raisin to launch new term and overnight deposits","datePublished":"2020-10-26T06:20:19+00:00","dateModified":"2021-09-21T12:02:29+00:00","mainEntityOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/"},"wordCount":319,"publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg","keywords":["Germany","Penta","Raisin"],"articleSection":["Digital Banking","Investment Management","Open Banking"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/","url":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/","name":"Penta teams up with Raisin to launch new term and overnight deposits - IBS Intelligence","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#primaryimage"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg","datePublished":"2020-10-26T06:20:19+00:00","dateModified":"2021-09-21T12:02:29+00:00","description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","breadcrumb":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#primaryimage","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/Raisin.jpeg.jpg","width":300,"height":300},{"@type":"BreadcrumbList","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/penta-teams-up-with-raisin-to-launch-new-term-and-overnight-deposits\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ibsintelligence.com\/"},{"@type":"ListItem","position":2,"name":"Penta teams up with Raisin to launch new term and overnight deposits"}]},{"@type":"WebSite","@id":"https:\/\/ibsintelligence.com\/#website","url":"https:\/\/ibsintelligence.com\/","name":"IBS Intelligence","description":"Financial Technology News & FinTech Research","publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibsintelligence.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibsintelligence.com\/#organization","name":"IBS Intelligence","url":"https:\/\/ibsintelligence.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","width":299,"height":80,"caption":"IBS Intelligence"},"image":{"@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ibsintelligence.cmc\/","https:\/\/x.com\/IBSIntelligence","https:\/\/www.instagram.com\/ibsintelligence\/","https:\/\/www.linkedin.com\/company\/ibs-intelligence\/","https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw"]},{"@type":"Person","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/c168a32915233f288437eac19a479db1","name":"Megha Bhattacharya","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1362c6626841836d22ced9f26aa1a5fd948d369a7593c1f0db33ebd51583c80b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1362c6626841836d22ced9f26aa1a5fd948d369a7593c1f0db33ebd51583c80b?s=96&d=mm&r=g","caption":"Megha Bhattacharya"},"description":"Megha is a Market Analyst at IBS Intelligence."}]}},"_links":{"self":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news\/518251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news"}],"about":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/types\/ibsi_news"}],"author":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/users\/8"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media\/518252"}],"wp:attachment":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media?parent=518251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/categories?post=518251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/tags?post=518251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}