.
MergerLinks Header Logo

Announced

Completed

Greenoaks Capital led a €100m Series B round in Vivid Money.

Financials

Edit Data
Transaction Value£84m
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Completed

Friendly

Venture Capital

financial platform

FinTech

Cross Border

Minority

Single Bidder

Private Equity

Private

Germany

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US