- The Bridge Club
- Posts
- Plum Secures £13.4 Million in Funding
Plum Secures £13.4 Million in Funding
Plum, the innovative finance app revolutionizing personal finance, has successfully raised £13.4 million in its latest funding round, pushing its total funding to over £73 million.
Funding Success: UK fintech Plum has attracted significant investment from institutional investors, including Eurobank, iGrow Venture Capital, Venture Friends, and Ventura Capital.
Crowdfunding Triumph: In addition to institutional backing, Plum raised £2.7 million via Crowdcube, attracting over 5,500 investors from the UK and EU.
App Highlights: Founded in 2016 by Victor Trokoudes, Plum's smart money app simplifies personal finance through AI-powered tools for saving, spending, and investing.
Investor Perspective: Anastasios Economou of iGrow Venture Capital highlights Plum’s role in democratizing savings solutions, noting the app’s transformative potential and anticipated expansion.
Plum continues to make strides in personal finance, bringing innovative solutions to a growing audience across Europe.