Plum expands its personal finance app in five additional European countries

Plum expands its personal finance app in five additional European countries

UK-based fintech Plum has rolled out its app in five new European countries, together with Italy, Portugal, The Netherlands, Greece, and Cyprus.

 

Plum clients in these markets can now join their financial institution accounts to the app. With its distinctive automated instruments, Plum helps folks to handle their funds, serving to them struggle cash inertia with regards to making sensible monetary selections. This consists of serving to folks to robotically put aside cash commonly, in response to their targets.

UK-based fintech Plum has rolled out its app in five new European countries, including Italy, Portugal, The Netherlands, Greece, and Cyprus.

Growing budgets by saving and investing to sort out excessive dwelling prices

The app permits its clients to diversify and develop their cash over the long-term with its inventory investing service. People can make investments in as much as 3,000 US shares commission-free. Customers can begin investing from as little as EUR 1 by means of fractional shares in in style firms reminiscent of Google, Meta, or Amazon.

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

Increased presence in Europe

Plum is strengthening its presence throughout Europe in a second when cash administration has turn out to be extra necessary. Prices stay excessive in the Euro space, with inflation price reaching 9.2% in December 2022, which means persons are persevering with to face price of dwelling challenges, as per the press launch. The app facilitates folks to avoid wasting, price range, and make investments, having already helped 1.5 million folks throughout Europe to put aside greater than EUR 1.79 billion.

Company officers are completely happy to deliver Plum to five new European countries and assist folks handle their funds there. This is a difficult financial interval as persons are experiencing ranges of inflation not seen in a long time, resulting in price of dwelling challenges. The want for long-term monetary resilience is obvious and so they’ve created Plum exactly to assist folks sort out this, serving to make sure that buyer’s cash administration is automated and wealth taken care of for the long run.

Being current in 10 markets general demonstrates that Plum is really a European firm. The firm is dedicated to empowering folks with a whole cash toolkit, serving to them nurture their monetary wellbeing at the moment and for the long term, giving motivation to their cash. The intelligence of Plum’s app means it could provide a wise various to conventional instruments and assist folks make their cash go additional in a number of methods.

The launch marks the subsequent step in Plum’s European enlargement, having efficiently launched in the UK, France, Spain, Ireland, and Belgium. This means Plum is now current in ten European countries general.

More details about Plum

Plum is cash, motivated. It is a great cash app, with the mission to make wealth constructing computerized. Founded in 2016, Plum automates components of personal finance that folks discover tough or don’t have time for, serving to them save, make investments, price range, and handle their spending. Plum has over 1.5 million clients throughout the UK and EU, serving to them put aside greater than GBP 1.5 billion.