6 years ago

Plum Secures $4.5 Million to Expand AI-Powered Money Management Platform

  • Plum, an AI-powered personal finance chatbot, has raised $4.5 million in a funding round led by VentureFriends and the EBRD

  • The investment brings Plum's total funding to $6.3 million

  • The company will use the funds to expand its team, enhance its multi-platform strategy, and enter new markets

  • Plum's chatbot helps users save money, invest wisely, and avoid overpriced deals.

    • ProblemFinancial Services

      "making it difficult for people to stay on top of their finances, waste money on overpriced deals and underperforming financial products, and struggle with saving and investing"

      Solution

      "an AI-powered personal money management chatbot that helps users foster better financial behavior, save money, optimize bills, and invest wisely"

      Covered on