Plum, a nation fintech start has upraised $17.3 meg in Series B funding.
Founded in 2017 by Victor Trokoudes, who previously worked at listed fintech Wise, London-based Plum offers AI-automated services same saving, calculate switching, and investments direct to users’ existing bank accounts.
The consort operates crossways Europe, substance ETF products and change individualist fund accounts in the UK. In November Plum subscribed an commendation with Greek pledgee Eurobank to acquire a eld wager in Plum, with plans to equip up to $10.9 million.
Plum’s Eurobank care led to this newborn institutionalised resource ammo despite a “difficult” mart for fundraising, Trokoudes told Business Insider.
“Strategic joint partnerships crapper be a accelerator for resource rounds,” he told BI. “When a fintech is ordered up correctly, higher welfare rates stingy you’re at the extreme of client acquisition and revenues, substance newborn avenues for growth.”
Plum previously upraised a $14 meg Series A resource ammo in 2021.
This stylish care comprises resource from newborn investor iGrow Venture Capital alongside preceding backers, including Venture Friends and Ventura Capital, and added resource from Eurobank.
The consort is also announcing that it has upraised an added £2.8 million, most $3.6 million, from crowdfunding, which came at a pre-money appraisal of £135 million.
Trokoudes declined to comment on Plum’s appraisal from its Series B.
The newborn top module be utilised to attain grownup hires at the playing and modify its proximity in Greece, where it has an office. The consort is on instruction to be juicy in 2025, Trokoudes said.
Check discover Plum’s 16-slide movement embellish below:
Source unification
Plum: author Money Management Fintech Raises $17.3m Series B Funding #Plum #London #Money #Management #Fintech #Raises #17.3m #Series #Funding
Source unification Google News
Source Link: https://www.businessinsider.com/plum-london-money-management-fintech-raises-17m-series-b-funding-2024-7
Leave a Reply