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Vivid Money

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Germany

Founded in

2020 (5 Years)

Founded

Last online: No recent activity


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0.00

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Traffic & Engagement

3.33

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know Vivid Money

    Vivid Money is a financial platform that helps customers grow their money. The platform offers a unique mobile banking app at their fingertips. Whether it’s payments, transfers, high-interest saving accounts, multi-currency accounts for their travels, spendings reports, split bills — with Vivid, managing all their finances and investing their money is easy, flexible, and 100% transparent. Vivid Money also analyzes transactions to identify a customer's recurring subscriptions, giving them the ability to block future charges if necessary. The users can also send money to other users from the app and generate a link so that the recipient can enter their banking details. There are also cashback features and the company plans to offer the ability to invest and buy shares from the app in the future. Vivid's app users can also create sub-accounts called pockets, each with its own IBAN. Users can invite others to use specific pockets or associate a card with a specific pocket. Additional physical cards or virtual cards can be ordered.

    Industry

    • Financial BankingPRIMARY
    • Financial Other Service

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