London & Berlin, 17th November, 2025 – Vivid Money, the leading European financial platform for SMEs and freelancers based in Germany, and Ubisecure RapidLEI, a leading LEI Issuer and RegTech compliance provider, today announced that Vivid has been formally approved by the Global Legal Entity Identifier Foundation (GLEIF) as a Validation Agent (VA) within the Global LEI System.
This approval empowers Vivid to issue Legal Entity Identifiers (LEIs) directly to its business and institutional customers, in partnership with Ubisecure RapidLEI, a GLEIF-accredited LEI Issuer.
As a GLEIF-approved Validation Agent, Vivid has streamlined the process of obtaining LEIs for its clients. Instead of requiring customers to navigate separate, ad-hoc LEI applications, Vivid can issue LEIs directly by leveraging its existing onboarding and KYC workflows. This integration eliminates duplication of effort, reduces friction, and delivers a faster, more convenient customer experience.
LEIs are essential for corporate banking, payments, and investment services, helping financial institutions verify the legal identity of their customers and counterparties. With regulations such as the EU Instant Payments Regulation (IPR) mandating Verification of Payee (VoP) checks by October 2025, and with global frameworks such as FATF Recommendation 16 referencing LEIs for cross-border transparency, the ability to embed LEI issuance directly within onboarding processes and deliver LEI compliance without friction gives institutions a distinct competitive advantage.
Vivid’s Validation Agent operations are enabled through its close partnership with Ubisecure RapidLEI, the largest LEI Issuer globally. RapidLEI has extensive experience launching financial institutions through GLEIF’s Validation Agent programme and integrating LEI issuance into digital identity and KYC frameworks. To date, Ubisecure RapidLEI has launched the majority of GLEIF Validation Agents, including financial institutions and FinTechs throughout Europe, North America, Asia and Australia.
“The LEI is extremely valuable as global institutions and stakeholders have an increasing need to understand and utilise organisational identity – essentially answering the questions of who is who and who owns whom,” said Esmond Berkhout, Executive Director at Vivid Money. “Becoming a Validation Agent reflects our commitment to the Global LEI System and the importance of customer convenience. By integrating LEI issuance into our existing processes, we make it faster and easier for our clients to stay compliant and transact globally with confidence.”
“We’re delighted to welcome Vivid as the newest Validation Agent in the Global LEI System,” said Tom Edwards, Executive Chair, Ubisecure RapidLEI. “Validation Agents play a pivotal role in expanding LEI adoption by embedding issuance directly where verification already occurs, and few organisations are better positioned than financial institutions like Vivid to make that possible.”
Alexandre Kech, GLEIF CEO said: “The Global LEI System continues to grow as more innovators join the Validation Agent framework. With Vivid Money now part of this expanding network, we see increasing momentum toward a truly interconnected and transparent financial ecosystem. Each new Validation Agent strengthens our mission to make trusted organizational identity a seamless part of global finance.”
Strengthening trust and interoperability across the financial ecosystem
The LEI is a globally standardised, 20-character identifier that uniquely identifies legal entities participating in financial transactions and operating across borders for trusted global trade. By issuing LEIs directly, Vivid enhances transparency and compliance across payment, trading, and investment ecosystems and aligns with international efforts to combat financial crime and improve traceability.
For more information about Vivid’s LEI services, please visit https://help-business.vivid.money/en/articles/9351947-what-is-an-lei-code-and-how-can-you-obtain-one.
To learn about becoming a GLEIF Validation Agent, contact RapidLEI at https://rapidlei.com/validation-agent.
About Ubisecure RapidLEI
Ubisecure is a European digital identity service provider, providing innovative identity and access management (IAM) and Legal Entity Identifier (LEI) solutions to enable secure, compliant digital business. Its RapidLEI service is the world’s largest LEI Issuer, delivering automated, API-enabled LEI registration and management to thousands of regulated firms, financial institutions, and identity providers worldwide.
As a RegTech innovator, RapidLEI helps organisations meet global compliance like Verification of Payee, DORA and FATF Recommendations, as well as enabling cross border trade by streamlining entity verification and Know Your Business (KYB) processes. Accredited since 2018 by the Global Legal Entity Identifier Foundation (GLEIF), RapidLEI empowers compliance teams with structured, regulated organisation identity data to reduce fraud, enhance transparency, and accelerate onboarding.
About Vivid
Vivid Money is a leading European financial platform for SMEs and freelancers, combining finance, investment, and treasury in one digital solution. Founded in 2019 in Berlin by Alexander Emeshev and Artem Iamanov, Vivid Money serves businesses and private customers across Europe – with offices in seven countries and backed by Greenoaks Capital and DST Global Partners.
About The Author: Steve Waite
Steve is the Chief Marketing Officer for Ubisecure and RapidLEI.
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