60 million euros for Vivid Money
The current financing round is led by the American investor Greenoaks and also includes Ribbit Capital. This increases the fintech's valuation to 360 million euros.
The last financing was less than six months ago, and Vivid Money has now closed another round. This is worth 60 million euros. The round is led by Greenoaks Capital from San Francisco. Ribbit Capital is also involved, investing in the Berlin-based fintech once again. This triples the valuation of Vivid Money to 360 million euros.
The money will be invested in expansion and product development. For example, there will be an app that covers all of the fintech's topics and includes additional extra features.
Artem Yamanov and Alexander Emeshev founded Vivid Money in 2019 to offer customers digital investing, primarily under their own control. The fintech is working with Solarisbank to obtain a banking license. The fintech has just added cryptocurrencies to its offering.
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