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Raisin Bank Enters the Payments Market by Acquiring Bankhaus August Lenz - Vimarsana News

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

Raisin Bank moves into payments through acquisition - Vimarsana News

Raisin Bank moves into payments through acquisition

German BaaS player Raisin Bank is moving into the payments business after agreeing to buy a Bankhaus August Lenz unit. Financial terms were not disclosed.