Credit checking service ClearScore has joined forces with fintech firm Raisin UK to enable its clients gain access to savings accounts.
Under the agreement, ClearScore customers can apply for and manage savings accounts with partner banks of Raisin via Raisin UK marketplace.
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ClearScore CEO and co-founder Justin Basini said: “With interest rates at their lowest level for many decades, finding the right account can be a minefield but whether they’re saving £10 or £10,000, our users can now seamlessly compare accounts through their ClearScore app.”
Raisin UK CEO Kevin Mountford too welcomed the partnership.
Mountford noted: “Our main goal is to empower UK savers with a better way to secure their financial future.
“We’re excited to be working with ClearScore as a strategic distribution partner and look forward to welcoming ClearScore customers to the Raisin UK marketplace.”
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By GlobalDataRaisin UK is part of German savings deposit marketplace Raisin, which recently raised $114m in a Series D funding round.
Investors in the funding round included PayPal, Index Ventures, Ribbit Capital and Thrive Capital.
Currently, Raisin is said to have a client base of over 170,000 in Europe.
Raisin was recently also in the news for the acquisition of MHB Bank, its main banking service provider in Germany.
Earlier this year, Raisin inked an open banking partnership with Santander Spain.
