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Is it a Good Idea to Invest in Vivid 60m Series 360mdillettechcrunch?

Do you know that there is a new startup company called Vivid 60M Series 360MDilletTechCrunch Money? Are you wondering whether it is a good idea to invest in this company or not? In this article, you will learn more about this startup.

What is Vivid Money?

Vivid 60M Series 360MDilletTechCrunch Money is a digital-first banking solution. It is designed for people who prefer the convenience and security of a smartphone app. The bank offers a variety of innovative services to suit your needs.

Firstly, Vivid provides a cashback programme. You can earn up to 25% in cashback when paying for items. There are also some other benefits. For instance, users can invest in ETFs without commission.

Tinkoff Bank

Vivid is based in Berlin. It recently secured EUR15 million in Series A funding, which the company will use for product development and expansion. Founders Alexander Emeshev and Artem Yamanov previously worked for Tinkoff Bank.

Free Checking Accounts

Vivid offers users free checking accounts, commission-free investing in shares and ETFs, and commission-free crypto investments. They can also top up their account for free in real time. In addition to these benefits, Vivid has a slew of savings and budgeting features.

Opening a Vivid account is a relatively simple process. First, you must provide some personal details. Secondly, you must verify your identity by providing a photograph or video.

Is Vivid Money a Good Investment?

Vivid Money is an all-in-one solution that combines all your everyday financial activities in one app. It provides you with the option to invest, send money, and track your spending.

Financial Sservices

Vivid Money offers a wide range of financial services without charging any fees. For instance, you can invest in ETFs, fractional shares, and even cryptocurrencies. Moreover, you can link your account to any listed company.

To sign up, you must answer a few standard questions. Additionally, you must provide information about your tax liability in the US. In some countries, you may have to pay additional fees.

Vivid also charges a small markup on the currency exchange rate. However, most accounts won’t exceed EUR250,000. You can also add a number of sub-accounts to your account free of charge.

The Vivid Money app allows you to set up direct debits, split bills, and schedule future payments. You can even invest in stocks and ETFs from your smartphone.

You can also make contactless payments with Apple Pay. However, you have to complete a video identity verification in the app.

Is Vivid Money a Good Startup?

Vivid 60M Series 360MDilletTechCrunch Money is a German start-up that launched two years ago. Since then it has grown to more than 500,000 customers in Europe. Vivid is a digital investing platform, which offers a range of saving and investing services.

Vivid’s goal is to create a community for its users. It has added tons of features since its launch. For example, users can split their money into multiple pockets and move them between them easily. They can also share pockets with others. You can add other users to your pocket to pay bills and make hotel bookings.

Precious Metals

Vivid offers users several different saving options, such as commission-free fractional investments in US stocks and precious metals. Users can also earn cashback for their spending. Moreover, users can use their app to control their cards.

As the company continues to grow, it plans to expand into more markets and introduce new investment products in the near future. In addition, Vivid is planning to increase its marketing efforts. This will help it to expand into other countries in Europe.

Is Vivid Money a Good Idea?

Vivid Money is a new smartphone bank from Germany. It offers a unique digital-first banking experience. As well as allowing customers to invest in shares without commissions, it provides a variety of features designed to make your banking life easier.

Digital-Savvy People

Vivid Money’s target audience is young, digital-savvy people. They want to invest in shares and cryptocurrencies with ease. The company’s website says it has raised 75 million euros in investor money. And, in the first year of its operations, it has grown revenue by 25 times.

In addition to its savings features, Vivid allows users to earn up to EUR150 in cashback each month. These bonuses are automatically credited after each transaction. Users can choose from a list of major retailers, including Amazon and Netflix, and even Uber Eats.

Conclusion:

Vivid Money has a well-designed mobile app, offering users a range of budgeting and investment options. Users can set up a digital travel fund, split bills, and use Apple Pay to make contactless payments.

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