Vivid Money raised €60 million in a Series B funding round on April 29, 2021.
The funding, led by Greenoaks, will be used for expansion, product development, and attracting more customers across Europe.
Company valuation reached €360 million post-funding, with participation from existing investor Ribbit Capital.
Vivid Money offers a single-app solution for banking, investments, educational content and more, targeting European retail investors.
Since its 2020 launch, Vivid Money has added various features to its platform, including fractional share investments, cashback, and in-app financial education.

Vivid is a mobile banking platform offering high-yield savings, investment opportunities in shares and ETFs, and unique cashback incentives. Customers can manage funds in different 'pockets,' catering to savings or currency needs, and even share these with others. Security is paramount, with biometric safeguards and a card that keeps critical information off the physical card and instead in a secure app. Investments are protected up to €20,000, and deposits are guaranteed up to €100,000 through the respective Dutch and German schemes. Vivid partners with Solaris SE, ensuring regulatory compliance and reliability for its user's financial activities.

Vivid

Vivid provides mobile banking, cashback, investment, and secure payment services.

Vivid Money Secures €60M Series B Funding for Expansion

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