Vivid cooperates with Viafintech

The start-up Viafintech will now make its payment infrastructure available to Vivid. As a result, Vivid customers will also be able to make cash deposits at supermarket checkouts.

Vivid Money and Viafintech announce their cooperation for cash deposits. Viafintech has been part of the Paysafe payment platform since November 2021. The startup has developed the Barzahlen and Viacash brands and offers solutions to deposit and withdraw cash without ATMs or bank branches. This allows customers to withdraw and deposit their money at supermarkets and drugstores. The start-up says it cooperates with more than 20,000 retail partners in Europe. Among them are Rewe, Rossmann, Penny and Dm, according to the company.

Viafintech's solutions will now also be used by Vivid, a financial platform founded in 2019. Depositing cash into a checking account has been difficult for banks that do not have their own branches, he said. "We are therefore pleased to now also create the possibility for Vivid customers* to conveniently make cash deposits while shopping at the supermarket or drugstore," says Sebastian Seifert, managing director and co-founder of Viafintech. Seifert founded the start-up together with Achim Bönsch in 2011. The company is now active in Germany, Austria, Switzerland, Italy, Greece and Spain.