Raisin Bank Enters the Payments Market by Acquiring Bankhaus August Lenz
German BaaS provider Raisin Bank is entering the payments industry after agreeing to acquire a Bankhaus August Lenz division. No financial details were given. By acquiring the payments business of the German private Bank, Raisin will be able to offer electronic payment transactions and cash solutions to its partners and their clients. Specifically, the company will have access
Source: financialit.net