Greenoaks Capital Leads $71.55M Series B Financing of Vivid Money

Gunderson Dettmer represented client Greenoaks Capital as it led the $71.55 million Series B financing of Vivid Money, a Berlin-based financial platform.

In the announcement of the transaction, partner at Greenoaks Patrick Backhouse said, “We believe that the end-state in this market is the all-in-one digital banking and investments product that Vivid Money is building. The team at Vivid Money has been executing extraordinarily fast having already launched banking, stocks and crypto investments, peer-to-peer payments, budgeting tools, and a services marketplace. We're thrilled to partner with the Vivid team on this journey.”

The Gunderson deal team was led by Steve Baglio and included Bennett Yee, Jaime Narayan and Michelle Lee.