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Overview

Description

Vivid Money is a European financial platform offering everyday banking, high-yield savings, fractional investing, and cryptocurrency trading combined into a single super-app.

General Info

Address
Zimmerstraße 78, 10117 Berlin, Germany
Phone number
Identification number
HRB 209049 B
CEO
Artem Yamanov
COB
Alexander Emeshev
Email
support@vivid.money
Full name
Vivid Money GmbH
Name
Vivid Money
Social Media
SWIFT code
VVIDLUL2
Year of foundation
2019

Overview

Risk
High risk
Crypto-Friendly

AML Tolerance
Medium-High
Commissions
Medium-Low
Mobile App
iOS, Web
Supported languages
Albanian, Dutch, Spanish, Swedish
Authorities
SFC, FSA, AMF
Regulators
BNM, OSFI, BDL, ACPR
Country of registration
Faroe Islands
Business focus
Corporate banking, P2P payments
Card/Payment Scheme
Japan Credit Bureau, Rupay, UnionPay
International Transfers
SEPA / SEPA Instant, Faster Payments, ACH Transfers
License type
Money Services Business (MSB), Trust and Company Service Providers
Account Currency
RWF, XOF

Products

Payment Cards - Crypto

CBDC

Cryptoprocessing

Investments

Loans - Car loans

Loans - Consumer loans

Loans - Microloans

Loans - Mortgage loans

Loans - Student loans

Payment Cards - CashbackCard

Payment Cards - Credit

Payment Cards - Debit

Payment Cards - Prepaid

Payment Cards - Travel

SEPA

SWIFT

Savings accounts

Staking

Time Deposits

Trading accounts

Features

ATM support

Acquiring bank

Cryptocurrency exchange

Cryptopayments

Currency exchange

Expense Management Tools

International Transfers

Overdrafts

Personal Manager

Servicing of Individuals

Servicing of Legal entities

Area served

Africa
Rwanda, Niger, Gabon, Angola
Asia
Cyprus, Brunei
Australia and Oceania
Fiji, Vanuatu, Tuvalu, Australia
Europe
Moldova, France, Belarus, Azerbaijan
North America
Guatemala, Dominican Republic
South America
Bolivia, Peru, Colombia, Chile

Pros & Cons

Pros

  • Fast International Transfers. Fast processing of international transfers (SWIFT, SEPA, etc.) with minimal delays

Cons

  • Hidden Fees & Commissions. Presence of non-obvious fees (for bank statements, account inactivity, SMS alerts, etc.)

  • High Out-of-Network Fees. High fees for cash withdrawals at out-of-network ATMs or abroad