In turn Schinz was impressed by Rautanen and named the tree Ricinodendron rautanenii after him, while the German botanist and authority on Lythraceae, Bernhard Koehne, commemorated him in Nesaea rautanenii.
Commonly known as loosestrife (a name they share with the closely related Lysimachia), they are among 32 genera of the family Lythraceae.