Company Information

Get to know Vimvest

Vimvest was a U.S.-based fintech company that offered a mobile-first savings and investment application. Its mission was to make personalized financial planning and investing accessible to everyone, particularly millennials. The platform allowed users to set specific financial goals (e.g., buying a car, a down payment for a house) and then save or invest towards them using features like fractional shares of stocks and ETFs, and round-up contributions. In April 2021, Vimvest was acquired by the financial technology company Stash. Following the acquisition, the Vimvest platform was shut down, and its user accounts were migrated to the Stash platform.

Industry

Stock BrokerPRIMARY
Financial Other Service
Technology Software Development

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Vimvest

United States

Founded in

Jun 2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.