Vibrant Raises €4M in Seed Funding

Vibrant, a Copenhagen, Denmark-based provider of an app that turns Android mobile devices into points of sale, raised €4M in Seed funding.

vibrant

The round was led by byFounders, with participation from Luminar Ventures.

The company intends to use the funds to grow its customer base and prioritise extensions into new markets.

Co-founded Vibrant in Copenhagen in 2020, Kasper Krog (CEO) and Kåre Sørensen (CPO), Vibrant is an app that transforms Android devices into points of sale. Replacing cash and expensive card terminals, the company provides a solution that makes merchant-customer transactions easier, accessible, and affordable.

Vibrant can be downloaded instantly for use with Android devices (which are both affordable and constitute 80% of all mobiles in Europe according to the European Commission).

The company has a multi-national team of 25 employees.

FinSMEs

05/07/2022