60 million euros for Vivid Money
Lisa Marie Münster
| 29.04.2021
The current financing round is led by the American capital provider Greenoaks, with Ribbit Capital also participating. The valuation of the fintech thus rises to 360 million euros.
The last funding was less than half a year ago, and now Vivid Money was able to close another round. This one is worth 60 million euros. Leading the round is San Francisco-based Greenoaks Capital. Ribbit Capital is also involved, investing in the Berlin fintech for the second time. This triples Vivid Money's valuation to €360 million.
The money will be put into expansion and product development. For example, there will be an app that maps all of the fintech's themes and includes other extra features.
Artem Yamanov and Alexander Emeshev founded Vivid Money in 2019 to offer customers digital investing primarily under their own control. To do so, the fintech is partnering with Solarisbank for a banking license. Just recently, the fintech also added cryptocurrencies to its offerings.
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