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  • Payment
  • Germany

Raisin Bank enters the payment business in Germany

Raisin Bank, the bank owned by Raisin in Germany, has announced the acquisition of the payment services division of Bankhaus August Lenz & Co. This strategic step allows it to integrate a payment offering and finally enter this market to complement its Banking-as-a-Service offering. This acquisition will also enable it to find new sources of revenue and consolidate its position in Europe.

 

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