About Vivid

Vivid is a fintech platform that provides online banking and financial services for small and medium-sized enterprises, allowing users to manage multiple accounts with individual German IBANs and earn up to 5% annual interest on uninvested cash through Money Market Funds. The platform facilitates instant SEPA and SWIFT transfers, customizable virtual and physical cards, and cashback rewards, addressing the need for efficient financial management and competitive returns in a single mobile app.

```xml <problem> Small and medium-sized enterprises (SMEs) often struggle with managing multiple bank accounts, executing international transfers, and maximizing returns on uninvested cash, requiring them to use disparate financial tools. Traditional banking solutions may lack the agility and competitive interest rates needed to optimize financial operations for growing businesses. </problem> <solution> Vivid provides a fintech platform designed to streamline financial management for SMEs, offering up to 30 accounts each with a unique German IBAN. The platform enables instant SEPA and SWIFT transfers, customizable virtual and physical cards, and cashback rewards. Users can earn up to 4% annual interest on uninvested cash through Money Market Funds, which are invested in AAA/Aaa rated funds managed by BlackRock and others. Vivid's solution allows businesses to oversee personal and business accounts in the same mobile app or manage their business account from a computer via a web app. </solution> <features> - Up to 30 accounts with individual German IBANs for efficient organization of funds - Earn up to 4% annual interest on uninvested cash through Money Market Funds - Instant SEPA and SWIFT transfers for seamless international transactions - Customizable virtual and physical cards for secure and flexible spending - Cashback rewards on eligible purchases - Mobile and web app access for convenient account management - PCI DSS certified security to ensure data protection - Integration with Apple Pay for safe and easy payments </features> <target_audience> The primary target audience includes small and medium-sized enterprises seeking a comprehensive platform to manage their finances, optimize cash flow, and earn competitive returns on uninvested capital. </target_audience> ```

What does Vivid do?

Where is Vivid located?

Vivid is based in Berlin, Germany.

When was Vivid founded?

Vivid was founded in 2020.

How much funding has Vivid raised?

Vivid has raised 203270000.

Location

Berlin, Germany

Founded

2020

Funding

203270000

Employees

239 employees

Major Investors

Greenoaks

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Vivid

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

vivid.money 30K+

Crunchbase

Founded 2020 – Berlin, Germany

Funding

Estimated Funding

$200M+

Major Investors

Greenoaks

Team (100+)

No team information available.

Company Description

Problem

Small and medium-sized enterprises (SMEs) often struggle with managing multiple bank accounts, executing international transfers, and maximizing returns on uninvested cash, requiring them to use disparate financial tools. Traditional banking solutions may lack the agility and competitive interest rates needed to optimize financial operations for growing businesses.

Solution

Vivid provides a fintech platform designed to streamline financial management for SMEs, offering up to 30 accounts each with a unique German IBAN. The platform enables instant SEPA and SWIFT transfers, customizable virtual and physical cards, and cashback rewards. Users can earn up to 4% annual interest on uninvested cash through Money Market Funds, which are invested in AAA/Aaa rated funds managed by BlackRock and others. Vivid's solution allows businesses to oversee personal and business accounts in the same mobile app or manage their business account from a computer via a web app.

Features

Up to 30 accounts with individual German IBANs for efficient organization of funds

Earn up to 4% annual interest on uninvested cash through Money Market Funds

Instant SEPA and SWIFT transfers for seamless international transactions

Customizable virtual and physical cards for secure and flexible spending

Cashback rewards on eligible purchases

Mobile and web app access for convenient account management

PCI DSS certified security to ensure data protection

Integration with Apple Pay for safe and easy payments

Target Audience

The primary target audience includes small and medium-sized enterprises seeking a comprehensive platform to manage their finances, optimize cash flow, and earn competitive returns on uninvested capital.