The Renault Group automotive captive RCI Bank and Services and fintech Raisin DS have announced their new exclusive cooperation to bring the bank’s first retail banking offer to the Netherlands through the Renault Bank brand.
Raisin Netherlands, a platform operated by the German wealth management fintech Raisin DS, now features the Renault Bank overnight money account with a top interest rate for the Dutch market of 0.35% p.a.
The Renault Bank overnight deposit provides the same benefits as the other savings products offered by RCI Bank and Services around the world.
João Leandro, CEO of RCI Bank and Services, said:
”Extending our savings activity, thanks to the launch of Renault Bank in the Netherlands, aligns with our goal of continuing to diversify RCI Bank and Services refinancing sources, without depending on just one source of liquidity. This partnership with Raisin also reinforces our continuous path of digital transformation to offer the best experience to our customers.”
Raisin DS Co-CEO Dr. Tamaz Georgadze, said:
“RCI Bank and Services’ selection of Raisin DS as its partner of choice and market entry point for the Netherlands is a real vote of confidence in our business model and customer base. As a market leader, Raisin is perfectly positioned to deliver transparent, flexible access for all parties involved – for Renault Bank it means access to the Dutch market, and for Dutch consumers access to competitive options like the Renault Bank offer.”