UK FinTech start-up Plum has secured a $10m funding round to support the firm’s European growth plans. 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. European money management app Plum has raised $10m to fund the company's international expansion. The AI assistant that boosts your bank balance | Plum is the AI assistant that boosts your bank balance. Plum links to your bank account and using a smart algorithm driven by AI identifies … The most recent round is $10 million (just under £8 million) and is led by the European Bank for Reconstruction and … It offers Plum that monitors the daily spending and automatically sets money aside that the user won't … 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. The investment, which has come during the current global COVID-19 outbreak, will support Plum’s exponential growth across Europe and further develop Plum … 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 … It then puts money away each month in the form of round-ups and/or regular savings. Plum is a trading name of Plum Fintech Limited. Plum Fintech has raised a total of $23.5M in funding over 7 rounds. Plum users on its free tier can earn 0.35% interest. It … Meanwhile, armed with fresh capital, Plum plans to launch in Spain and France by the end of 2020. Plum is a trading name of Plum Fintech Limited. The bank had previously joined Plum … 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 … Plum | 7,524 followers on LinkedIn. In addition, the company … 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. Plum is authorised and regulated by the Financial Conduct Authority (FRN: 836158) to carry out payment services activities as a Registered Account … 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. In Brief: Plum is a personal finance platform that uses AI to automate savings and investments. 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. 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. Founded in 2017, the financial management app raised funds from Global … 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. 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.”. Developer of a personal saving assistant platform designed to simplify money saving. Previous investor the European Bank for Research and Development returned to co-lead the raise together with Global Brain. Plum was founded by ex … London-based fintech startup Plum has raised $10 million in fresh VC funding amid a boom in its services during coronavirus. Plum Fintech Plum helps users save money, invest and not overpay bills using an AI-enabled financial butler. Plum, an artificial intelligence (AI) chatbot for personal finance, returned to Seedrs in late June seeking an additional £850,000 in funding. 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. 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. How much funding has this organization raised over time? 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. Launched in the UK in 2017, Plum uses AI to automate personal finance … 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 investment, which has come during the current global COVID-19 outbreak, will support Plum’s exponential growth across Europe and further develop Plum … The first part of the round, a total of $4.5m, was announced in May 2019. The company's artificial intelligence and behavioral economics … Global … Plum Fintech General Information Description. Picture credits: Plum Plum (United Kingdom) Founder: Victor Trokoudes Funding: €9.1 million Founded year: 2016. 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 … Funding News, Latest News, News, Startup News Health Insurance Startup ‘Plum Insurance’ Raises Rs 30 Crore Funding Plum Insurance, a Health insurance startup, has raised around … 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.. Digit USA Private Digit is a journey aimed at … Which funding types raised the most money? 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. 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. 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. The London-and-Athens-based firm’s latest round brings the total round to a close at $7.5m. Plum Fintech is funded by 13 investors. This brings the company’s total funding … Like similar apps, Plum’s “artificial intelligence” also deems what you can afford to save by analysing your bank transactions. Founded in 2017, the financial management app raised funds … This gives you “full visibility” of your saving, spending and investments all in a single app. Why its hot: Plum is an AI assistant that boosts your bank balance. 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