202129 Apr

Vivid Money raises $73 million to build a European financial super app –

Summary

Vivid Money could be considered as a Revolut competitor designed specifically for the Eurozone. Built on top of Solarisbank for the banking infrastructure, the company lets you send, receive, spend, invest and save money in different ways. In addition to this fairly standard feature set, Vivid Money offers stock trading with fractional shares. Paid users get higher limits on free cash withdrawals, the ability to create a virtual card, support for additional currencies and better cashback rewards. Now let’s see if it can attract a significant user base to compete with other, well-established European fintech players.

Source: Techcrunch

Classifications

Companies