Madrid, 10th July 2025 — Vivid, one of Europe’s leading financial platforms for SMEs and entrepreneurs, has officially launched its local IBAN offering in Spain. This strategic move underscores Vivid's dedication to supporting Spain's growing SME sector, which comprises over 3.5 million businesses and accounts for 99.8% of all enterprises in the country.

Vivid has been serving the Spanish market since September 2024 and is now rolling out the local IBANs aiming to address the growing demand for efficient, modern business banking solutions in the Spanish market.

By offering Spanish IBANs, Vivid enables businesses to send and receive payments more smoothly within their domestic banking infrastructure—avoiding additional processing time, higher fees, or partner bank friction often associated with foreign IBANs.

With the launch of local IBANs, we’re removing a key barrier to seamless financial operations," says Armando Platero, Director of Vivid España. "Our goal is to empower entrepreneurs and small businesses with intuitive, reliable tools that fully align with local regulations—so they can spend less time on admin and more time growing their business. This launch is our way of showing real commitment to Spanish entrepreneurs and businesses."

Local Commitment with a European Vision

After recently surpassing the 50,000 SME-customer in just 16 months, Vivid is introducing Spanish IBANs to further expand its footprint in one of its key growth markets. Operating under Vivid Money S.A., licensed by the Luxembourg CSSF, and supported by a dedicated team in Madrid, the company continues to invest in localised services for Spanish businesses.