Berlin, January 11, 2021 - Vivid Money, the mobile financial platform for banking, saving and investing, is expanding its mobile app with the new function Vivid Services. With Vivid Services, users will be able to book services and offers for all their daily needs directly in the Vivid Money app. At the start, Vivid Money is cooperating with Booking.com and Rentalcars.com so that users can book hotels and rental cars directly in the Vivid Money app. Customers receive up to ten per cent cashback on their booking with both providers in the form of stock rewards linked to stocks. Vivid Services will be steadily expanded with additional services and offers in the coming months.
With Vivid Services, Vivid Money wants to go beyond banking, saving and investing to cover all the needs of users' daily lives. Customers book a wide range of services and offers via the Vivid Money app and receive cash back. These are collected in the Stock Reward Pocket and are linked to stocks of the world's biggest brands. This means that the collected cashback grows with the stock price and never falls below the amount initially invested.
"At Vivid Money, we aim to offer users a wide range of banking-related functions directly in our app. Now we are going one step further with the feature Vivid Services. We are excited be able to offer more services directly through our app, in addition to hotel and car rental bookings very soon," said Alexander Emeshev, co-founder of Vivid Money, commenting on the launch of Vivid Services. "With the Vivid Money app, we are giving our users a tool that will have a solution ready for all their daily needs in the future. In addition, Vivid Money users save money and familiarize themselves with stock trading easily and without risk."
How Vivid Services works
To use Vivid Services, users simply go to the "Rewards" tab in their Vivid Money app. There, users select any service and see all the terms and conditions, such as the amount of cashback. Once they have selected their desired service and entered, for example, the holiday destination, the travel period or the pick-up station for their rental car, Vivid Money will take them to the partner's website or display the results directly in the app. Afterwards, the cashback gets automatically added to the Stock Reward Pocket. There are no monthly limits on the amount of cashback a customer can get.
Booking.com and Rentalcars.com at launch
At the launch of Vivid Services, users can book hotels and holiday flats via Booking.com and rental cars via Rentalcars.com. They will receive the same prices as on the website or in the app of the providers. Additional discount programs offered by providers can also still be used. To receive cashback in the form of Stock Rewards from Vivid Money, users must pay with the Vivid Money Visa debit card, either the virtual or the physical primary card.
Booking.com is one of the world's leading travel platforms for booking hotels, holiday homes and more. Customers with the Standard plan receive four percent cashback on bookings, Prime users up to ten percent, but not less than four per cent. To book, customers enter the location, date, number of people and desired number of rooms in the Vivid Money app. They are then redirected to the search results on Booking.com or the mobile app. Customers see the exact cashback amount on the hotel pages, depending on the customer's rates.
On Rentalcars.com, travellers can find the leading car rental companies such as Sixt, Hertz and Avis united and easily comparable on one platform. Vivid Money users receive five percent cashback on all car rental bookings. Vivid Prime users even receive ten percent cashback. To book, users go to Vivid Services in the app, select location, rental period and the age of the driver and are then redirected to the search results on Rentalcars.com or the mobile app.
About Vivid Money
Vivid Money is the first financial service platform that combines all your daily money needs in one app. Whether it’s spending, saving, or investing – Vivid Money offers an easy, flexible, and transparent solution to grow your money. The company's mission is to provide customers throughout Europe with a superior banking and investment experience and to offer a wide range of financial services (including savings accounts, multi-currency accounts and commission-free investments in stocks) without unnecessary fees. Vivid Money was founded in 2019 by Artem Yamanov and Alexander Emeshev in Berlin and consists of an international, highly qualified team of more than 130 employees.
For more information, please visit vivid.money