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
Website
SWIFT code
VVIDLUL2
Year of foundation
2019
Overview
Crypto-Friendly
Risk
High risk
Commissions
Medium-Low
Mobile App
iOS, Web
Supported languages
Albanian, Dutch, Spanish, Swedish
International Transfers
SEPA / SEPA Instant, Faster Payments, ACH Transfers
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
License type
Trust and Company Service Providers, Money Services Business (MSB)
Account Currency
RWF, XOF
AML Tolerance
Medium-High
Products
Payment Cards - Debit
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 - Crypto
Payment Cards - Prepaid
Payment Cards - Travel
SEPA
SWIFT
Savings accounts
Staking
Time Deposits
Trading accounts
Features
ATM support
Acquiring bank
Cryptocurrency exchange
Cryptopayments
Expense Management Tools
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
Peru, Colombia, Chile, Bolivia
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
