4 years ago

Plum Secures $24M Series A to Expand European Footprint and Launch New Products

  • London-based money management fintech Plum has raised $24 million in a Series A funding round, tripling its valuation since July 2020

  • The round was led by dmg ventures, with participation from Ventura Capital, Global Brain, Venture Friends, and 500 Startups

  • Plum will use the funding to expand across Europe and launch new products, including US stock investing.

      • ProblemFinancial Services

      "Many people struggle to save money, often because they don't know how much they can afford to put aside without impacting their daily life."

      Solution

      "Plum is a money management app that connects to your bank account and analyzes your income and expenses. It then calculates how much you can safely save each day without affecting your daily life. Plum also offers different saving rules, such as Roundups, Weekly saver, and Paydays saver."

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