Vivid is entering the market as a Germany-based new challenger bank that claims to charge low fees with an integrated platform that offers cashbacks on purchases.

Vivid is not intending to build anything from the scratch; on the other hand, it is thinking and assembling its business proposal along with other already consolidated players in the market. For example, Vivid works with solarisBank for building its infrastructure of their banking services; solarisBank is a German-based player that is already licensed to provide banking-related services like APIs for powering other companies in the fintech industry. For the case of the debit cards Vivid offers, this neobank has selected Visa as their provider.

Vivid customers might want to expect quite many features that can be found in another neobanks like N26, for example.

For further information, please log on to https://vivid.money/