
Joompay
Joompay is a fintech company from Luxembourg focusing on both b2b and b2c markets.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
* | N/A | Acquisition | |
Total Funding | 000k |
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Joompay, now operating under Vivid Money SA, offers financial services that enhance customer savings through cashback and interest-earning opportunities. Clients can select cashback categories such as restaurants, supermarkets, or pharmacies to earn up to 4% on card purchases. Additionally, users can benefit from a 5% annual interest rate by depositing money into an Interest Rate Pocket for the first two months. The platform allows for instant deposits and withdrawals around the clock, providing flexibility and convenience. Joompay's business model focuses on attracting customers through competitive financial incentives and a subscription model that offers enhanced benefits like higher withdrawal limits and increased cashback. The service primarily targets individual consumers looking to maximize their financial returns through everyday spending and savings.
Keywords: cashback, interest rate, financial services, deposits, withdrawals, subscription, savings, consumers, spending, returns.