Vivid Acquires Joompay to Expand in EU

Jan 10th, 2024Acquisition
  • Vivid, a Berlin-based mobile finance platform, has acquired Luxembourg-based fintech Joompay.

  • The acquisition includes Joom's E-Money Licence, enabling Vivid to expand to all EU countries.

  • Vivid will integrate Joompay's technology to develop future products and services.

  • Joompay's team of 25 and over 500,000 customers across Europe will join Vivid.

  • The acquisition marks a significant step in Vivid's mission to offer transparent financial solutions in Europe.