Plum, the UK-based FinTech company, recently expanded its app to five new European countries, including Italy, Portugal, the Netherlands, Greece and Cyprus.
With its automated tools, Plum helps people better manage their finances and make smart financial decisions.
Automated financial management
Plum’s app offers a variety of tools to help users save and invest, making it easy to set aside money regularly according to their goals. The app also allows users to invest commission-free in up to 3,000 US stocks, starting from as little as €1 and going down to fractional shares of popular companies like Google, Meta and Amazon.
In addition, Plum offers its subscribers a 100% biodegradable and recyclable VISA debit card at no additional cost, which allows users to pay online or at merchants anywhere in Europe, or to withdraw cash without additional fees.
Expanding presence in Europe
Expanding the Plum app to these five new European countries is an important step for the company’s growth, especially at a time when managing money is becoming increasingly important.
With inflation reaching 9.2% in December 2022, people are facing challenges with the cost of living, so it’s more important than ever to have access to tools that can help them save, budget and invest. Plum has already helped 1.5 million people across Europe save more than €1.79 billion.
Management is excited to bring Plum to these new markets and help people better manage their finances. The app’s intelligence will allow it to provide a smart alternative to traditional financial tools and help people leverage their money in a variety of ways.
The launch is the next step in Plum’s European expansion, following successful launches in the UK, France, Spain, Ireland and Belgium. With this expansion, Plum is now present in ten European countries in total.
Overall, Plum’s goal is to give people a comprehensive financial toolkit to help them promote their financial well-being today and in the future.
With its mission to automate wealth creation, the app offers a smart alternative to traditional financial tools and makes it easier for people to save, invest, budget and manage their expenses.
With over 1.5 million customers across the UK and EU, Plum has helped save more than £1.5 billion.
