Here’s the translation into American English:
Vivid Money, the financial platform focused on small and medium-sized enterprises and freelancers, has launched its new brokerage account, specifically designed for entrepreneurs. This innovative tool will allow SMEs and freelancers to access a wide variety of capital markets, including iBonds, ETFs, money market funds, stocks, and cryptocurrencies. All of this will be available in a single app, characterized by its user-friendliness and the elimination of complex setups, significantly reducing barriers to entering the investment world.
One of the main features of Vivid Money’s new broker is its affordable cost. European stocks can be traded from 1 euro per transaction, and American stocks from 1 dollar, thus democratizing access to investment. In addition, ETFs, iBonds, and money market funds can be traded commission-free, with a variable service fee model tailored to each type of account, ensuring transparent and flexible cost management.
Armando Platero, General Director of Vivid Money in Spain, emphasized that this launch aims to eliminate obstacles for business owners, a sector historically overlooked by brokers. Platero highlighted that many small businesses have faced limitations due to minimum investment volumes and commissions that made their investment decisions unfeasible.
The broker is already available for all SMEs and freelancers in the markets where the company operates, offering a complete experience that will include active money market funds and the gradual introduction of new products, such as European and Spanish stocks. Details about fees and conditions can be found directly on the official platform.
With this new offering, Vivid positions itself as the first provider in Europe to offer such a wide range of investment instruments in a single account, focusing on SMEs and freelancers. This will enable them to diversify their investments, maximize returns, and manage their liquidity more efficiently and strategically.
Alexander Emeshev, co-founder of Vivid Money, added that in times of economic uncertainty, it is crucial for SMEs to have effective tools to manage their liquidity with confidence. This new broker will open access to opportunities that were previously only viable for large corporations, offering greater flexibility and maneuverability.
The launch of this broker marks a significant advancement in Vivid Money’s mission to build a comprehensive platform for SMEs and freelancers, overcoming the limitations imposed by traditional banking and addressing the everyday challenges these businesses face.
Referrer: MiMub in Spanish
