Plum, UK, FinTech, Personal Finance app, Money Management

Plum launches its personal finance app in 5 more European countries

By Gloria Methri

Plum, UK, FinTech, Personal Finance app, Money ManagementPlum, the smart money app with 1.5 million customers has introduced its launch in 5 new European countries: 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 combat cash inertia in terms of making sensible monetary selections. This consists of serving to individuals to robotically put aside cash commonly, based on their objectives.

The app additionally permits its prospects to diversify and develop their cash over the long run with its inventory investing service. People can make investments as much as 3,000 US shares commission-free. They can begin investing from as little as €1 by way of fractional shares in well-liked corporations similar to Google, Meta, or Amazon.

Plum can be providing a 100% biodegradable and recyclable VISA debit card, at no additional price 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 extra charges wherever in Europe.

Victor Trokoudes, co-founder and CEO of Plum, stated, “We are delighted to convey Plum to 5 new European countries and assist individuals handle their funds there. This is a difficult financial interval as persons are experiencing ranges of inflation not seen in many years, resulting in cost-of-living challenges. The want 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 sorted for the longer term.”

The launch marks the following step in Plum’s European expansion, having beforehand launched in the UK, France, Spain, Ireland, and Belgium. This means Plum is now current in 10 European countries total.

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