Banco BNI Europa has entered into a cooperation to enable its customers to access European savings products provided by Raisin.
Through Banco BNI Europa´s website, Portuguese savers will gain access to the provider of savings and investment products and its partner banks across Europe.
Pedro Pinto Coelho, executive chairman at Banco BNI Europa (pictured above), said that Portuguese savers could diversify their savings by opening and managing term deposits throughout Europe with a chance to gain higher interest.
“Without the Raisin platform, willing savers not only have to research the country, the bank and the product by themselves, but also comply with varying account-opening procedures in foreign countries.
“This cooperation is a step further on our challenger bank strategy of delivering innovative, quick and easy-to-use products to our clients.”
The integration of the service into Banco BNI Europa follows a number of other partnerships across Europe, which has seen it team up with BinckBank from the Netherlands and N26.
Dr Tamaz Georgadze, CEO and co-founder at Raisin, added: “We are delighted to further deepen our cooperation with Banco BNI Europa and the new possibilities it opens up for savers in Portugal, allowing them a broader choice of where to deposit their money.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Temenos partners with ClearBank for cloud payments
Banking software company Temenos has formed a strategic relationship with ClearBank to provide banks with a faster route to market for real-time cloud payments...
Unity Trust Bank registers 34% rise in profits
Unity Trust Bank increased profits by 34% in 2019...
Believe the hype – why explainable AI is a trend that’s here to stay
Technology has become a ubiquitous part of our day-to-day lives...
Piloting tech updates: ‘The bigger the bank, the harder it is to get anything done’
In the latest Medianett filmed roundtable session, we discussed how important technology is in the banking space, and what impact the industry expects it to have on its businesses in the future...
What banks need to know about cloud security
One of the most common perceived concerns when adopting the cloud is the issue of security...
OakNorth sees 95% increase in pre-tax profits
OakNorth Bank has announced a 95% rise in pre-tax profits in 2019 to £65.9m, up from the £33.9m recorded in 2018...
Redwood Bank signs up to Women in Finance Charter
Redwood Bank has announced that it has signed up to the Women in Finance (WIF) Charter...
Masthaven launches digital Women in Leadership programme
Masthaven Bank has launched a new Women in Leadership digital development programme for female senior leaders...
Protecting against supply chain disruption and the domino effect
Disappointingly, many UK SME business owners don’t understand their supply chains...
Confused about which Isa to choose? Hopefully this mini-guide will help…
We are now firmly in Isa season, so you’re likely to read multiple articles about the most competitive Isa products in the market and how best to make the most of your Isa allowance before the end of the tax year...
Garden shed entrepreneurs contribute £16.6bn to the UK economy
Entrepreneurs who run their businesses from garden sheds contribute £16.6bn annually to the UK economy, according to a recent study...