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Plum launches its private finance app in 5 extra European international locations

January 24, 2023
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Plum launches its private finance app in 5 extra European international locations
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By Gloria Methri

Plum, UK, FinTech, Personal Finance app, Money ManagementPlum, the good cash app with 1.5 million customers has introduced its launch in 5 new European international locations: Italy, Portugal, the Netherlands, Greece, and Cyprus.

Plum prospects in these markets can now join their financial institution accounts to the app. With its distinctive automated instruments, Plum helps individuals handle their funds and battle cash inertia relating to making good monetary selections. This consists of serving to individuals to routinely put aside cash usually, in accordance with their objectives.

The app additionally permits its prospects to diversify and develop their cash over the long run with its inventory investing service. Folks can make investments as much as 3,000 US shares commission-free. They’ll begin investing from as little as €1 via fractional shares in in style firms corresponding to Google, Meta, or Amazon.

Plum can also be providing a 100% biodegradable and recyclable VISA debit card, at no additional value for its subscription-paying prospects, permitting customers to pay on-line, through Google Pay or straight on the service provider, or to withdraw money with out further charges wherever in Europe.

Victor Trokoudes, co-founder and CEO of Plum, stated, “We’re delighted to carry Plum to 5 new European international locations and assist individuals handle their funds there. It is a difficult financial interval as persons are experiencing ranges of inflation not seen in a long time, resulting in cost-of-living challenges. The necessity for long-term monetary resilience has arguably by no means been clearer and we created Plum exactly to assist individuals deal with this, serving to make sure that your cash administration is automated and wealth taken care of for the longer term.”

The launch marks the following step in Plum’s European enlargement, having beforehand launched within the UK, France, Spain, Eire, and Belgium. This implies Plum is now current in 10 European international locations total.

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