Orange's Investment Fund Invests in German Startup Raisin
09 Mai 2019 - 4:41PM
Dow Jones News
By Cristina Roca
Orange (ORA.FR) said Thursday that its early-stage technology
investment fund, Orange Digital Ventures, has invested in Raisin, a
German financial technology startup.
The French company said it participated in a financing round of
100 million euros ($112 million) for the startup, which is a
pan-European marketplace for savings products.
The new financing round will allow Raisin to expand to two new
markets this year as well as to develop the range of investment
products it offers, Orange said.
Write to Cristina Roca at cristina.roca@dowjones.com
(END) Dow Jones Newswires
May 09, 2019 10:26 ET (14:26 GMT)
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