Tagged: plum

April 15, 2025 @ 8:00 am By Omar Faridi  |  

BBVA has granted £15m in venture debt to Plum, reaffirming its role as a key lender to the UK’s entrepreneurial ecosystem, which is considered to be an important region in its broader strategy. In line with this, last October the banking institution had reportedly “set… Read More

November 26, 2024 @ 8:53 am By Omar Faridi  |  

Eurobank has announced that it expanded its strategic partnership with UK-based Plum Fintech Limited by advancing a second €5 million minority capital investment to Plum, which claims to be one of Europe’s fastest-growing fintechs that has built a “smart money management” app. With its latest… Read More

July 23, 2024 @ 3:16 pm By JD Alois  |  

Plum, a “smart money app,” has raised £16 million in Series B funding, according to a note from the company. Pum said the capital infusion follows a period of solid growth. Assets under management have topped £1 billion, tripling in the past 12 months. Plum… Read More

September 8, 2023 @ 12:19 pm By Omar Faridi  |  

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

June 8, 2023 @ 8:52 am By Omar Faridi  |  

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

January 24, 2023 @ 11:20 pm By JD Alois  |  

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

October 18, 2022 @ 10:05 am By JD Alois  |  

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

October 6, 2022 @ 8:06 am By Omar Faridi  |  

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

September 12, 2022 @ 12:31 pm By JD Alois  |  

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

July 8, 2022 @ 7:54 am By Omar Faridi  |  

  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

March 7, 2022 @ 9:47 pm By Omar Faridi  |  

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

March 5, 2022 @ 11:39 am By Omar Faridi  |  

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

February 16, 2022 @ 4:17 am By Omar Faridi  |  

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

October 19, 2021 @ 10:22 pm By JD Alois  |  

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

September 15, 2021 @ 1:21 am By JD Alois  |  

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

December 10, 2020 @ 11:31 pm By Omar Faridi  |  

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

August 21, 2020 @ 8:03 am By Samantha Hurst  |  

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

July 21, 2020 @ 10:30 am By Samantha Hurst  |  

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

April 28, 2020 @ 10:10 am By JD Alois  |  

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

November 15, 2019 @ 2:26 pm By JD Alois  |  

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