Tagged: plum

Berlin’s Upvest to Provide Smart Money App Plum with Investments API, Enabling More Investment Opportunities

Berlin-based fintech Upvest is set to provide Plum, the smart money app, with its investment API, enabling Plum to expand its range of investment opportunities to EU customers. Plum currently offers 3,000 US stocks to EU customers. Following this partnership, Plum will have the functionality… Read More

Fintech Plum, the Smart Money App, to Launch “Interest” Offering

Plum, the “smart money” app, is reportedly planning to launch a new “Interest” offering in Q3, so customers can benefit more quickly and directly from rising central bank rates. Plum customers in the UK and EU will be able “to hold their money in government-backed… Read More

European Money App Plum Expands into Five More Countries

Plum, a smart money app, has expanded services into in five new European countries including Italy, Portugal, the Netherlands, Greece, and Cyprus. Plum has been available in the UK, France, Spain, Ireland and Belgium. Founded in 2016 by Victor Trokoudes, Plum automates parts of personal… Read More

Smart Money App Plum Raises £1 Million in Just 8 Hours on Crowdcube

Plum, a smart money app, has easily topped its crowdfunding goal by raising over £1 million in just 8 hours on Crowdcube. The securities offering launched last week and is scheduled to close tomorrow. As it stands today, Plum has raised £1.65 million from 4277… Read More

Smart Money App Plum Secures £5M in Debt Financing

Smart money app Plum is reportedly launching its third crowdfunding round after acquiring £5 million in debt financing from Silicon Valley Bank. Plum previously conducted a public campaign on Crowdcube that managed to acquire $8 million in additional capital along with a $24 million Series… Read More

Money App Plum to Offer Stock Investments, Debit Cards in Europe

Fintech Plum will be offering stock investing and debit cards in Europe as it expands into France, Ireland, Spain, and Belgium. Plum is registered as an e-money agent of PayrNet Limited with the Financial Conduct Authority. A neo-bank or “super-app,” Plum reports serving over 1… Read More

London Fintech Plum Introduces Debit Card Supporting Budget Control

  London Fintech Plum, Europe’s personal finance app, has introduced a debit card “to help its customers take control of their finances.” The card is Plum’s first move into spending, “consolidating its position as a comprehensive money app.” Designed to complement Plum’s budgeting features and… Read More

Airwallex Teams Up with Plum to Support its Stock Investing Feature

Airwallex, an international Fintech platform, recently announced its partnership with investing app, Plum, in order to support its cross-border payments and FX requirements. Airwallex was selected as Plum’s international payments and FX partner “to support the launch of Plum’s new stock investing feature that will… Read More

Investment App Plum Adds New Widget Feature for iOS Users

Investment app Plum has reportedly added a widget feature for its iOS clients in order to make it more convenient to keep track of their finances. Plum customers may now review how much they are saving into customizable pots via their iOS home screen without… Read More

Plum Appoints Product VP as it Gets Ready for its US Stocks Offering

Plum, Europe’s money management app, has appointed Phu Ly to serve as Product VP, as the business gets ready for a year of steady growth following a recent $24 million Series A round. Ly has been responsible for leading product teams at high growth, digital-first… Read More

Plum Easily Tops £6 Million on Crowdcube Following $14 Million Series A

Plum, a fast-growing Fintech, has launched a securities offering on Crowdcube this week and the pitch has quickly topped £6.5 million backed by over 9750 individual investors. Plum is raising equity capital at a pre-money valuation of £90 million. Plum’s initial funding target was pegged… Read More

Money Management App Plum Plans Return to Crowdfunding to Raise Growth Capital

Plum, a money management app, says it is returning to crowdfunding with a forthcoming securities offering on Crowdcube, according to a company release. Back in 2019, Plum raised £2.47 million at a pre-money valuation of £14.5 million on Seedrs. In 2018, Plum raised £1 million… Read More

Only 10% of UK Residents Trust Neobanks or Digital Challengers like Monzo, Revolut, Starling: Survey

Although digital banking challengers have managed to onboard millions of new customers during the past few years, they’re still not completely trusted by UK-based consumers. Most of the nation’s residents don’t think that these new digital lenders will be able to maintain operations in the… Read More

Mobile E-Commerce Platform Button Joins Forces With Plum For New Rewards Program

Button, a mobile commerce technology company, announced on Thursday it has formed a partnership with money management AI assistant Plum. Button will notably be powering Plum’s new Rewards Program, which will enable users to shop and save with various big brands, including Groupon, ASOS, and… Read More

AI-Enhanced Smart Savings App Plum Secures $10 Million Through Latest Investment Round Led By Japan’s Global Brain

Plum, an artificial intelligence (AI)-enhanced smart savings mobile app, has raised $10 million through its latest investment round, which was led by Japan’s Global Brain, and the European Bank for Reconstruction and Development. The latest investment comes less than a year after Plum raised $3 million through… Read More

Christian Faes Founder and Chairman of LendInvest Comments on UK Government Support of SMEs During COVID-19 Crisis

Christian Faes is the founder and Chairman of one of the most successful Fintechs in the UK. While there may be better-known names in the Fintech world, LendInvest, a property finance platform, has emerged as a leader not only in the sector of finance it… Read More

Open Up Challenge Announces 15 Fintech Finalists Leveraging New Open Bank Rules

Nesta, in partnership with Open Banking Limited (OBL), has announced the Open Up 2020 Challenge finalists. According to Nesta, the 15 finalists were selected out of 107 entries. Many of these Fintechs are live and in the market already. This group of Fintechs will compete… Read More

AI-Enhanced Smart Savings App Plum Raises $3 Million via Latest Investment Round

Plum, an artificial intelligence (AI)-enhanced smart savings application, has raised around $3 million via its second investment round, bringing the company’s total funds raised to approximately $9.3 million. Plum recently introduced its new Android app, which extends the firm’s digital offering across Facebook Messenger and… Read More

AI Fintech Chatbox Plum Secures $4.5 Million Investment; Surpasses 400,000 Users & Launches on iOS

Plum, an artificial intelligence (AI) chatbot for personal finance, announced on Thursday it has achieved 433% user growth in one year, growing from 75,000 to 400,000 users, and has attracted a $4.5 million investment that brings total investment in the firm to $6.3 million. The… Read More

Money Management Chatbot Plum Now Supporting Challenger Banks Monzo & Starling Bank

Money management chatbot Plum is now supporting challenger banks Monzo and Starling Bank. Plum states that it already supports most major UK banks and currently has around 130,000 users – collected since launch in 2017. Plum states that is has so far saved £24 million… Read More

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