Announced
Completed
Financials
Tags
Acquisition
Completed
Friendly
Venture Capital
financial platform
FinTech
Cross Border
Minority
Single Bidder
Private Equity
Private
Germany
Synopsis
Greenoaks Capital led a €100m ($115m) Series B round in Vivid Money, the Berlin-based financial platform, with participation from Ribbit Capital and SoftBank Vision Fund 2. The funds will be used to extend Vivid’s investment and banking offerings, focusing on turning Vivid’s ecosystem into a community where customers come to bank, save, invest, learn, and manage all money-related matters. The fundraising will enable a hiring push across the company’s European offices to improve the product, enhance marketing, and build out the application’s educational features.
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