Vivid Money Launches Travel Tool for SMEs
Hey FinTech Fanatic!
Vivid Money is expanding its offering for SMEs and freelancers, reinforcing its market position and stepping up competition with Revolut in this segment.
Valued at €775 million, the FinTech has been serving freelancers since 2022 and SMEs since 2024, onboarding over 30,000 businesses across Europe. It is now launching a travel management tool to simplify business trips while offering cashback rewards.
This move comes shortly after Vivid launched its First Crypto Earn Account for SMEs. Now, it’s doubling down on its commitment to entrepreneurs by integrating travel booking directly into its app—eliminating extra fees and adding financial incentives.
Vivid now allows users to book hotels and co-working spaces like Mindspace directly in the app, earning up to 30% cashback with no fees or subscriptions. Travel expenses will synced effortlessly with expense tracking, making it easier to manage both business and personal trips in one place.
In the coming weeks, the German-based digital bank will introduce train and flight bookings, along with expanded co-working options through Mindspace. One thing is becoming clear: Vivid is evolving beyond a banking app—it’s creating an all-in-one platform designed to redefine how SMEs manage their finances.
Read more global FinTech industry updates below 👇 and I'll be back with more tomorrow!
Cheers,
P.S. If you’re in Amsterdam next week, the Mollie Developer Meetup on April 10th is worth checking out. Henrique Di Lorenzo, VP of Product of Mollie, will be sharing product updates, future plans, and maybe even a sneak peek—who knows? Looks like a great event to be at!
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