What Raisin UK does

Raisin UK is a UK savings marketplace operated as a trading name of Raisin Platforms Limited, a private limited company registered in England and Wales (No 11075085) and headquartered at Cobden House, 12-16 Mosley Street, Manchester. Founded in 2017, the company aggregates savings products from over 45 partner banks and building societies — including AlRayan Bank, Perenna Bank PLC, ThisBank, Investec, Atom bank, Shawbrook, and Santander International — into a single digital platform for UK retail savers. The platform was recently named Moneyfactscompare.co.uk's 'Savings Platform of the Year' 2026 and is a finalist in the British Bank Awards' Best Savings Provider category for 2025.

The platform's product surface spans five categories: fixed rate bonds (terms from 3 months to 5 years), easy access savings accounts, notice accounts, Sharia-compliant savings accounts offered through partner banks such as AlRayan Bank, and exclusive rate offers available only to registered users. Customers access all accounts through a single login via the Raisin UK website or the Raisin mobile app (iOS and Android). All deposits are FSCS-protected up to £85,000 per person per institution, and the platform itself is authorised and regulated by the Financial Conduct Authority (FRNs 813894 and 978619). Underlying technology is a web-based and mobile aggregation stack with SSL/TLS encryption and direct integrations into partner bank onboarding and funding flows.

Raisin UK operates a B2B2C marketplace model: the consumer side is free with no customer fees, while revenue is generated via commissions paid by partner banks for deposits and accounts originated through the platform. Distribution is primarily digital and self-serve, supplemented by content marketing (savings and banking guides), referral programs, affiliate partnerships, and earned media coverage in the Financial Times and Forbes Advisor. The offering sits within the broader Raisin Group, which operates 11 platforms across the UK, EU, and USA and reports more than 1 million savers worldwide with over €5 billion in cumulative customer interest earned.

Name

Raisin UK

Legal name

Raisin Platforms Limited

Website

https://raisin.co.uk

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Raisin UK is a Manchester-based, FCA-authorised savings marketplace that aggregates FSCS-protected savings accounts from over 45 partner banks into a single web and mobile platform for UK retail savers, monetising through partner-bank commissions with no consumer fees.

Ownership category

akta.pro rank

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Partner Bank Commissions: Raisin UK earns revenue by charging partner banks a fee or commission for each deposit or account opened through the platform. Partner banks pay Raisin for access to the platform's customer base and deposit flow.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Raisin UK is an online savings marketplace that aggregates FSCS-protected savings products from over 45 partner banks and building societies onto a single FCA-authorised platform. UK consumers can compare, open, and manage fixed rate bonds, easy access savings accounts, notice accounts, and Sharia-compliant savings products through one website login or mobile app. The service is free for consumers, with revenue generated through commissions paid by partner banks for deposits originated via the platform.

Product overview

Raisin UK is a savings platform that aggregates savings products from over 45 partner banks and building societies into a single, unified online account. The platform offers five core product categories: Fixed Rate Bonds (terms from 3 months to 5 years), Easy Access Savings Accounts (flexible top-up and withdrawal), Notice Accounts (variable rate with advance withdrawal notice), Sharia Savings Accounts (Islamic-compliant products via partner banks), and Raisin Exclusive Offers (enhanced rates for registered users). Customers access and manage all products through one login via the Raisin UK website or mobile app. The platform charges no fees and provides access to FSCS-protected deposits.

Differentiator

Problem solved

Functional benefit

Products and services

• Fixed Rate Bonds

Quantifiable outcome

• Over €5bn in interest earned for customers worldwide
• +1 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core.

• AlRayan BankcoreOthersAlRayan Bank is a Sharia-compliant bank offering fixed rate bonds on the Raisin UK platform. Their 1-year fixed rate bond offers 4.65% AER, providing Islamic banking options for UK savers seeking Sharia-compliant savings accounts.
• Perenna Bank PLCcoreOthersPerenna Bank PLC provides 2-year fixed rate bonds on the platform offering 4.65% AER, with noted rate reduction upcoming.
• ThisBankcoreOthersThisBank offers 5-year fixed rate bonds on the Raisin UK platform at 4.60% AER.
• InvesteccoreOthersInvestec provides easy access savings accounts on the platform offering 4.05% AER for UK savers.
• Atom bankcoreOthersAtom bank is a UK digital bank partner offering competitive savings products through the Raisin UK platform.
• Santander InternationalcoreOthersSantander International is an international banking partner providing savings account options on the Raisin UK platform.
• ShawbrookcoreOthersShawbrook is a UK challenger bank partner offering savings products through the Raisin UK platform.

Scale indicators4 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Moneyfacts: UK's leading independent financial comparison service, providing side-by-side savings and product rate data. Direct competitor to Raisin UK's core comparison and rate-discovery use case for UK retail savers, though Moneyfacts is a comparison publisher rather than a transactional marketplace.
• Chip: UK savings and investing app that aggregates deposits across multiple partner banks for individual savers. Closely comparable business model to Raisin UK — both are FCA-authorized consumer platforms that route customer deposits to partner banks in exchange for commission.
• Flagstone: UK cash deposit platform allowing savers to spread deposits across multiple FSCS-protected banks via a single account. Direct marketplace competitor to Raisin UK, serving similar retail and SME savers with multi-bank aggregation.
• Plum: UK consumer fintech offering savings pots and investment products through partner banks. Competes with Raisin UK for the same digitally-native UK retail saver segment with a savings-and-investment aggregation proposition.
• Zopa: UK digital challenger bank offering savings products alongside lending. Operates a similar retail savings proposition through its own balance sheet, competing for UK saver deposits that might otherwise flow through Raisin's partner-bank marketplace.

Broad incumbents

• Hargreaves Lansdown: UK's largest direct-to-consumer investment platform with cash savings, ISA, and investment offerings. Indirect competitor — captures some of the same UK retail savings and investment audience, but primarily a wealth-management incumbent rather than a pure savings aggregator.
• MoneySupermarket Group: UK price comparison platform covering savings, banking, insurance and energy. Competes with Raisin UK for UK saver acquisition intent at the comparison stage, though with a much broader product portfolio and a comparison (not transactional) model.
• AJ Bell: UK investment platform offering ISAs, SIPPs and cash savings. Adjacent competitor for UK retail savers considering where to deploy cash, but primarily focused on investment products rather than a deposit-only aggregation model.

Emerging players

• Wealthify: UK digital investment platform offering general investment and ISA products with a low-minimum, consumer-friendly proposition. Targets the same digitally engaged UK retail audience as Raisin UK but on the investment rather than deposit side.

Others

• Raisin SE (parent group): Berlin-based parent of Raisin UK, operating 11 cross-border savings platforms across Europe and the US. Included as the parent platform for reference — provides Raisin UK with shared technology, partner-bank relationships, and brand infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/raisin_uk

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raisin UK