WeltSparen

WeltSparen

Leading provider of simple savings and investment products. Learn more

Financials

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Revenues, earnings & profits over time
EUR2014201520162017201820192020
Revenues----17.0m25.5m32.3m
% growth-----50 %26 %
EBITDA---(9.4m)(14.0m)(16.2m)-
% EBITDA margin----(82 %)(63 %)-
Profit(2.1m)(7.1m)(9.3m)(9.7m)(14.4m)(25.3m)(55.4m)
% profit margin----(85 %)(99 %)(172 %)
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DateInvestorsAmountRound
N/A

€7.5m

Early VC
Total Funding$8.3m

Recent News about WeltSparen

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Weltsparen.de, also known as Raisin, is a leading European platform that provides a wide range of savings and investment products to retail customers. The company operates in the financial services market, primarily targeting individual savers and investors looking for better returns on their deposits. Weltsparen.de partners with numerous banks across Europe to offer competitive interest rates on savings accounts, term deposits, and other investment products. The platform allows users to compare and select from various financial products, making it easier for them to find the best options to grow their savings.

Weltsparen.de's business model is based on earning commissions from partner banks for each customer they bring in. This model allows the company to offer its services to users free of charge. The platform is designed to be user-friendly, providing a seamless experience for customers to manage their savings and investments online.

Weltsparen.de serves a diverse clientele, including individual savers, investors, and small to medium-sized enterprises (SMEs) looking for better financial solutions. The company operates in a highly competitive market, but its strong network of partner banks and focus on customer satisfaction have helped it establish a solid reputation.

In summary, Weltsparen.de is a comprehensive platform that simplifies the process of finding and managing savings and investment products, offering competitive rates and a wide range of options to its users.

Keywords: savings, investment, platform, competitive rates, partner banks, retail customers, financial solutions, user-friendly, SMEs, commissions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.