UKs smart money app Plum raises €14.7M
Summary
With over 2 million users across 10 European markets, the company’s assets under management (AUM) have exceeded £1B, tripling in the past year, partly due to the successful Cash ISA launch. Plum aims to expand across Europe, having recently introduced ETFs for EU customers and partnered with Eurobank to boost growth. The app plans to acquire thousands of users in Greece by the end of 2027, with Eurobank helping to introduce Plum to its customer base. But we don’t rest – we’re focused on what’s next and how to get even more people maximising their money with Plum.” Trokoudes adds, “Following the success of Cash ISA in the UK and ETFs in Europe, we’re well-placed to reach profitability which is a major and important milestone for us. It’s a really exciting time.” iGrow Venture Capital invests in innovative technologies and startups from pre-seed to Series C, focusing on fintech, healthcare/medtech, IT, and AI.