Advising a Family Office on a Co-Investment in Raisin GmbH

A European multifamily office sought access to a high-quality fintech growth opportunity alongside a tier-one investor base. BB Advisory supported the client across the full investment process — from securing allocation in a competitive round to SPV structuring and execution — enabling efficient deployment of capital into an oversubscribed growth equity opportunity.

Services Provided

The Challenge

The client sought participation in a structured co-investment with strong downside protection and exposure to a scalable, capital-efficient business model. Accessing the round required navigating a competitive allocation process alongside some of the world's leading institutional investors.

Our Approach

BB Advisory supported the client across four workstreams: (1) Opportunity sourcing & access — secured allocation in a competitive round alongside Goldman Sachs, Index Ventures, Thrive Capital, Ribbit Capital and PayPal. (2) Commercial & strategic assessment — evaluated Raisin's platform economics, bank partnerships, geographic expansion strategy, and regulatory positioning within the European savings market. (3) Transaction structuring — designed and implemented an SPV structure tailored to the client's requirements covering governance, reporting and economics, ensuring alignment with lead investors. (4) Execution & coordination — managed end-to-end process including diligence coordination, documentation, and stakeholder alignment under tight timelines.

The Result

Successful placement of the multifamily office into the Raisin investment round via SPV. The client gained access to a high-quality, oversubscribed transaction alongside top-tier global investors, with institutional-grade structure and governance implemented for ongoing participation.

Co-Investors in this Round