plum fintech funding

Picture credits: Plum Plum (United Kingdom) Founder: Victor Trokoudes Funding: €9.1 million Founded year: 2016. The AI assistant that boosts your bank balance | Plum is the AI assistant that boosts your bank balance. Plumfund makes giving feel good Top-rated platform with more than $650 million raised Our tasteful, online fundraising platform allows friends and family to give and receive without fear or etiquette concerns. Why its hot: Plum is an AI assistant that boosts your bank balance. Launched in the UK in 2017, Plum uses AI to automate personal finance … FinTech Plum hits $4.5m new funding with 433% user growth in a year Plum, the personal money management AI chatbot, has attracted $4.5 million of new financing, bringing total investment in the … UK FinTech start-up Plum has secured a $10m funding round to support the firm’s European growth plans. Developer of a personal saving assistant platform designed to simplify money saving. Plum Fintech has raised a total of $23.5M in funding over 7 rounds. Meanwhile, armed with fresh capital, Plum plans to launch in Spain and France by the end of 2020. UK FinTech Plum has raised £7.9mn. Fintech startup Plum has today announced a $10 million funding round that will bring complete financial assistance to its customers. Plum, the London and Athens-based fintech that offers a “smart” money management app to help you improve your “financial resilience,” has raised a further $10 million in funding as it gears up for European expansion. Since its founding in 2016, Plum has raised nearly $20 million in funding. The round was led by Global Brain and the European … The company claims 1 million registered users in the U.K., and now employs more than 60 people split across London, U.K. and Athens, Greece. Plum Unknown Private Plum is your personal savings assistant — it monitors your daily spending and automagically sets money aside that you won't need. The bank had previously joined Plum … The company's artificial intelligence and behavioral economics … The investment, which has come during the current global COVID-19 outbreak, will support Plum’s exponential growth across Europe and further develop Plum … The London-and-Athens-based firm’s latest round brings the total round to a close at $7.5m. Digit USA Private Digit is a journey aimed at … In Brief: Plum is a personal finance platform that uses AI to automate savings and investments. Which investors participated in the most funding rounds. Founded in 2017, the financial management app raised funds from Global … It offers Plum that monitors the daily spending and automatically sets money aside that the user won't … Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm. Like similar apps, Plum’s “artificial intelligence” also deems what you can afford to save by analysing your bank transactions. It … Plum users on its free tier can earn 0.35% interest. Among these fintech apps, Plum has a very unique position and very bold ambition to be a partner of individuals to save more money and manage their financial life in an easier and more effective manner.”. Funds from the latest Seedrs round will be used to… On the roadmap is also the ability to make payments via Open Banking — and Trokoudes doesn’t rule out a Plum card in the future as a complementary feature with additional benefits, not a core offering, unlike numerous competitors. Plum | 7,524 followers on LinkedIn. Crucially, you can now link all of your accounts to Plum, whereas previously Plum only let you access a single linked bank account. With the lowest fees and free crowdfunding … Plum is a trading name of Plum Fintech Limited. Plum Fintech is funded by 13 investors. In addition, the company has received further funding from early backer VentureFriends, matched by the U.K. taxpayer via the U.K. government’s Future Fund scheme. The new round is led by Japan’s Global Brain and the European Bank for Reconstruction and Development, which has participated in previous Plum funding rounds. Previous investor the European Bank for Research and Development returned to co-lead the raise together with Global Brain. The first part of the round, a total of $4.5m, was announced in May 2019. Trokoudes tells me it will scale up further to 80 employees by the end of 2020 and is aiming for 5 million users across Europe by the end of 2021. London-based fintech startup Plum has raised $10 million in fresh VC funding amid a boom in its services during coronavirus. Their latest funding was raised on Jul 21, 2020 from a Venture - Series Unknown round. Another related feature is “Splitter,” which, as the name suggests, lets you split your automatic savings between Plum savings pots and investments, selecting the percentage amounts to go into each pot, from 0-100%. Which funding types raised the most money? British fintech company Plum has set its sights on five million customers within the next two years as it prepares to expand into France and Spain.. It then puts money away each month in the form of round-ups and/or regular savings. This gives you “full visibility” of your saving, spending and investments all in a single app. Founded in 2017, the financial management app raised funds … Current Market Rates: 10-Year Treasury 10-Year Swap 30-Day LIBOR 10-Year Treasury 10-Year Swap 30-Day LIBOR Commercial Real Estate Finance Helping Owners Buy, Refinance and Make Better Investment Decisions $3 Million to $50 Million Find My Loan Your PLUM Advantage Knowledge-Based Lending Solutions PLUM … More immediately, Plum is launching interest for savers who use Plum to set money aside but don’t want to invest any or all of it. In a call with Trokoudes, he talked me through a few recent Plum updates that he says bring it much closer to fulfilling its financial control centre mission and being a candidate to replace your individual banking apps. AI assistant fintech Plum has raised $3 million in funding, on top of the $4.5 million it gained this summer, putting its funding total at $9.3 million since its founding in 2016. Plum was founded by ex … Global … Plum has raised $19.3 million in total since being founded by Victor Trokoudes (an early TransferWise employee) and Alex Michael in 2016. Plum, an artificial intelligence (AI) chatbot for personal finance, returned to Seedrs in late June seeking an additional £850,000 in funding. European Bank for Reconstruction and Development, Total amount raised across all funding rounds, Total number of lead investment firms and individual investors, Total number of investment firms and individual investors, Announced Date: Date that the Funding Round was publicly announced, Transaction Name: Auto-generated name of transaction (e.g. You link the app to your bank account and gain access to a range of functionality, including savings, investments and analysis of your utility bills to help you make better purchasing decisions. Plum Fintech is a developer of personal savings assistant solutions for customers. Plum is a trading name of Plum Fintech Limited. Plum links to your bank account and using a smart algorithm driven by AI identifies … Health insurance start-up, Plum has raised Rs 7 Crore in seed funding.The InsurTech provides health benefits to corporates with high quality and affordable employee health insurance to provide … This brings the company’s total funding … FinTech AI assistant Plum has announced $3m in funding. The most recent round is $10 million (just under £8 million) and is led by the European Bank for Reconstruction and … SAN FRANCISCO August 31, 2015 /PRNewswire/ -- Plum, Inc., a commercial real estate financial technology company, today announced a $10 million Series A investment by Renren Inc. Bill Fisher, Plum’s Founder and CEO, said: “Institutional interest in our funding … Plum Fintech Plum helps users save money, invest and not overpay bills using an AI-enabled financial butler. How much funding has this organization raised over time? European money management app Plum has raised $10m to fund the company's international expansion. Plum the smartest app for managing your money, is today announcing a $10 million funding round and key product updates that will bring complete financial assistance to its customers. London-based fintech startup Plum has raised $10 million in fresh VC funding amid a boom in its services during coronavirus. Launched in the U.K. the following year, Plum is one of a number of fintech startups that is vying to become a user’s financial hub or control centre, in a way that goes far beyond the first generation of personal finance manager apps and bank account aggregators. Trokoudes explained that there’s also the option to split a percentage of the money put aside automatically, allocating deposits between the new interest-bearing account and Plum-powered investments. Plum, the London and Athens-based fintech that offers a “smart” money management app to help you improve your “financial resilience,” has raised a further $10 million in funding as it gears up … Money management app Plum has raised $10 million in a funding round led by Japan’s Global Brain and the European Bank for Reconstruction and Development. Plum is authorised and regulated by the Financial Conduct Authority (FRN: 836158) to carry out payment services activities as a Registered Account … Adds Naoki Kamimaeda, partner and Europe office representative at Global Brain Corporation: “More users have started using fintech apps and personal financial management apps across the globe, to be more efficient and be better off. Platform designed to simplify money saving developer of a personal finance … Fintech... Investor the European bank for Research and Development returned to co-lead the raise together with Global Brain “. 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