Vivid Valuation, Funding & Investors

Vivid is valued at $886M as of February 2022.

See full Vivid profile

Last Vivid valuation

$886M

Series C · Feb 2022

Last Vivid funding round

$112M

Series C · Feb 2022

Cumulative funding Vivid raised

$202M

across 3 funding rounds

Key investors in Vivid

Vivid Overview

About Vivid

Vivid is a Berlin-headquartered neobank founded in 2019 serving SMEs and individuals across Germany and Europe. It offers business accounts with IBAN, savings at 4 percent interest, virtual cards, and integrations with Xero accounting. Backed by Greenoaks and DST Global, Vivid processes payments in 28 currencies for 200,000 customers.


Founded

2020

HQ

GermanyBerlin

Status

Privately held

Customer focus

B2C & B2B

Revenue model

Usage-based, Subscription

Valuation

$886M (Feb 2022)

Vivid Valuation

Vivid is currently valued at $886M, based on its Series C in February 2022.

The $112M round was led by Greenoaks, with participation from SoftBank Group and Ribbit Capital.

Vivid's valuation has grown 7.7x from $115M at its Series A in November 2020 to $886M in February 2022, across 3 priced rounds.

Vivid valuation by funding round

Vivid valuation by funding round
DateStageValuation
Feb 2022Series C$886M
Apr 2021Series B$436M
Nov 2020Series A$115M

Vivid Funding History

Vivid has raised a total of $202M across 3 funding rounds.

Vivid's first fundraising round was a $18M Series A in November 2020. The most recent completed round was a $112M Series C in February 2022.

Vivid funding rounds

Vivid funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Feb 2022Series CGreenoaks (lead); SoftBank Group; Ribbit Capital$112M$886MVivid Money is a Berlin-based financial super app and challenger bank offering checking, money management, stock and cryptocurrency investing, and additional services in a single platform, built on Solarisbank infrastructure, targeting the Eurozone as a Revolut competitor. On February 7, 2022, it raised €100 million ($114 million) in a Series C round led by Greenoaks Capital, with participation from Ribbit Capital and SoftBank Vision Fund 2, valuing the company at €775 million ($886 million post-money), more than double its prior €360 million ($436 million) valuation from the April 2021 Series B. The round supports expansion across Europe and new product development to manage investments, savings, stocks, crypto, and financial education in one app. At the time of the Series C, Vivid had grown to 500,000 customers, a five-fold increase since April 2021, with revenues growing 25x in that period, though exact revenue figures were not disclosed. The company aimed to reach 1 million users by the end of 2022. Funds were intended for scaling operations, entering new European markets, and enhancing its platform's value proposition amid rapid product development. This funding followed a $73 million (€60 million) Series B in April 2021 led by Greenoaks with Ribbit, and earlier rounds including Series A in November 2020. Investors highlighted Vivid's quick growth in Europe's consumer banking revolution. Total funding raised reached approximately $204.6 million across rounds with three main investors: Ribbit Capital, Greenoaks, and SoftBank.
Apr 2021Series BGreenoaks (lead); Ribbit Capital$72M$436MVivid Money is a Berlin-based fintech startup founded in 2019 by Artem Yamanov and Alexander Emeshev, offering a mobile app that combines banking, investments, crypto trading, savings tools, cashback, and premium subscriptions. The platform provides features like sub-accounts called pockets with individual IBANs, peer-to-peer payments, and multi-currency support, built on Solarisbank infrastructure, targeting Eurozone users as a Revolut competitor. In late April 2021, Vivid Money raised a $73 million (€60 million) Series B funding round led by Greenoaks Capital, with participation from existing investor Ribbit Capital. The round brought the company's post-money valuation to $436 million (€360 million), up from $117 million in its prior November 2020 Series A. Funds were earmarked for product development and expansion into additional European markets beyond Germany, Italy, France, and Spain. The company had launched to customers in June 2020 and quickly added features like stock and crypto trading, money management, and financial education tools. By the Series B, Vivid aimed to attract more users across Europe by consolidating financial needs into one app. This Series B preceded a February 2022 Series C round of €100 million led by Greenoaks with Ribbit Capital and SoftBank Vision Fund 2, valuing Vivid at €775 million.
Nov 2020Series ARibbit Capital (lead)$18M$115MVivid Money is a Berlin-based financial platform founded in 2019 by Artem Yamanov and Alexander Emeshev, offering a single-app solution that combines mobile banking, investments, and crypto to help European users save and invest. The platform launched in Germany in 2020 and aims to disrupt the retail savings and investments market with features like financial education and comprehensive investment products. Vivid Money had grown to over 130 employees by late 2020. On November 5, 2020, Vivid Money raised a 15 million Euro Series A round led by Ribbit Capital for expansion and product development, reaching a post-money valuation of 100 million Euro. The financing supports rollout across Europe and enhancement of its investment offerings within the app.

Who has invested in Vivid?

3 investors have backed Vivid across its funding rounds, including Ribbit Capital, Greenoaks and SoftBank Group.

Lead investors include Greenoaks and Ribbit Capital.


Vivid Investors

Investors in Vivid by funding rounds participated
InvestorHQRoundsRoleFirst check
Ribbit CapitalUnited StatesSan Francisco, CA3LeadNov 2020

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Acquisitions by Vivid

Vivid has acquired 2 companies to date.

Last acquisition by Vivid was on July 2nd 2024. Vivid acquired Pile Capital (treasury unit) for undisclosed valuation.


Latest Acquisitions by Vivid

Pile Capital (treasury unit)
Pile
Description
Pile Capital Treasury Solution is a specialized unit within Pile Capital offering multi-banking capabilities for treasury management. The service aggregates accounts from banks like JPMorgan and HSBC, enabling automated cash positioning, payments, and FX hedging. Targeted at fintechs and corporates in Asia, it processes cross-border transactions with real-time visibility and compliance tools for regulatory frameworks.
Pile is a Berlin-based neo-treasury provider founded in 2020 that specialized in cash management solutions for high-growth startups across Europe. The platform enabled users to optimize cash holdings, diversify across banks, and access yield-generating products while maintaining security. It integrated with banking APIs for automated transfers and provided real-time treasury dashboards. In July 2024, Pile's treasury solution was acquired by Vivid Money, transitioning customers to Vivid's services. Prior to acquisition, Pile served fintechs and scale-ups with tools for idle cash utilization and risk mitigation in volatile markets.
HQ CountryGermanyGermany
HQ City
Berlin
Berlin
Deal Date2 Jul 20242 Jul 2024
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Vivid Competitors

Vivid competitors include listed companies like 74Software and Teamshares, and private ones like KOHO Financial, Taxfix, Clear and Fi.Money.

Public and private companies comparable to Vivid
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
KOHO FinancialCanadaTorontoPrivate$100M-$961M-
TaxfixGermanyBerlinPrivate$64M-$1B15.6x
ClearIndiaBangalorePrivate$25M-$700M28.0x
Fi.MoneyIndiaBangalorePrivate--$565M-
74SoftwareFranceFrancePublicly listed$814M$112M$1.3B1.8x
TeamsharesUnited StatesUnited StatesPublicly listed$472M($23M)$545M1.4x

Vivid Public Comps

Vivid is still privately-owned, but its public comps include Wema Bank, Fujian Boss Software, Forbright Bank, Superbank Indonesia, Judo Bank, Agibank, Green Dot, Bank Jago, Rhino Bitcoin and Teamshares.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Wema Bank$312M-2.8x---
Fujian Boss Software$299M$40M2.8x2.9x21.1x21.0x
Forbright Bank$325M-2.9x---
Superbank Indonesia$89M-10.8x---
Judo Bank$368M-2.2x2.1x--
Agibank$1.3B$227M0.8x0.6x4.4x5.3x
Green Dot$2.1B($12M)0.4x0.3x(63.9x)4.2x
Bank Jago$145M-5.1x3.7x--

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Common questions about Vivid

When was Vivid founded?Vivid was founded in 2020.
Where is Vivid headquartered?Vivid is headquartered in Berlin, Germany.
Is Vivid publicly listed?No, Vivid is a private, VC-backed company.
What is Vivid's valuation?Vivid was last valued at $886M in its Series C in February 2022.
How much funding has Vivid raised?Vivid has raised $202M across 3 funding rounds.
What was Vivid's last funding round?Vivid's last funding round was a $112M Series C in February 2022, led by Greenoaks.
Who are Vivid's investors?Vivid's investors include Ribbit Capital, Greenoaks and SoftBank Group.
Which companies are comparable to Vivid?Companies comparable to Vivid include KOHO Financial, Taxfix, Clear, Fi.Money, 74Software and Teamshares.
How many companies has Vivid acquired?Vivid has acquired 2 companies, including Pile Capital (treasury unit) and Pile.

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