Vivid introduces Vivid Business for small and medium enterprises (SMEs)

SME Banking
25/01/2024 News

Vivid, the European financial platform, is expanding its services with the launch of Vivid Business, catering specifically to small- and medium-sized enterprises (SMEs). This innovative offering provides a unique combination of personal and business financial management in a single app, simplifying financial tasks for both individuals and corporate teams.

Key Features:

• Interest account for corporate customers: Vivid Business offers corporate customers a lucrative fixed interest rate of up to 4 percent on deposits, providing an attractive option for businesses to grow their funds.

• Flexible account management: SMEs can open a corporate account within minutes and create unlimited subaccounts, each with its own German IBAN. The state-of-the-art monitoring and fraud prevention system allow for flexible limits tailored to different payment categories, accommodating diverse transaction needs.

• Exclusive desktop version: Business customers gain access to a specialized desktop version accessible via a web browser, enhancing usability and accessibility for professional requirements.

• Versatile payment options: Vivid Business introduces VISA's Vivid Business Platinum card, available in various formats, including physical metal or recycled PET cards and digital options. An unlimited number of cards can be issued, providing flexibility for team members.

• High-interest rates with instant liquidity: Corporate customers benefit from industry-leading interest rates of up to 4 percent on deposits up to 10 million euros. Unlike traditional products, Vivid Business allows businesses to access funds at any time, providing instant liquidity without compromising interest earnings.

• Unified personal and corporate finances: Vivid Business merges personal and corporate finances within the same app, offering a seamless experience. Corporate customers gain access to an online desktop version for tasks requiring additional space and efficiency.

• 24/7 customer support: Vivid Business ensures continuous support with a dedicated team available 24/7 to address queries and provide assistance within 60 seconds.

Launching across all European Union countries, Vivid Business is free to use, with additional plans starting at 7 euros monthly. This expansion reflects Vivid's commitment to offering innovative financial solutions, with plans for unique products and services tailored to corporate customers in various European countries.

Alexander Gutman, Head of Business Products at Vivid, expresses enthusiasm about the unique combination of personal and business financial management within a single app, making financial tasks more user-friendly and efficient. He hints at upcoming products and services tailored to corporate customers in additional European countries. For more information, visit Vivid Business.

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