Plum is a young fintech startup, and it is aggressively expanding into new markets. The company is currently operational in five European countries – Italy, Portugal, the Netherlands, Greece and Cyprus – but this number will soon double with the launch of its product in these newly selected countries. Plum offers banking services to small businesses via mobile app and website.

Plum is a new money management app that helps users automatically save money without any manual input. It can be especially useful for people who have enough money to save every month, but also tend to spend everything they have on their main bank account. Each month, Plum sets aside a set amount of money from the user’s account, and unless that user chooses to withdraw it all at once, the savings slowly grow over time. This way, even if someone doesn’t always have enough money to spend right away, they can still sock away some extra cash each month and build up a sizable saved balance overtime – perfect for anyone who wants wants to get ahead financially.

Ultimately, Plum is a great way to save money automatically. Not only can the service connect to your bank account and round up all your transactions in the past week, but it can also set some money aside every week or whenever you get paid. If you want to go one step further and let Plum think about savings for you, the service can also automatically decide how much it should set aside based on your income and expenses. This means that not only will you be able to save money easily, but Plum will make sure that the money stays put over time so that it can grow at a rate that suits you.

Since Plum has different account pockets, users have the opportunity to save differently for their own individual goals. For instance, some people may want to save money for a vacation or a new bike, while others may want to save money for house down payment or college tuition. Whenever they want to spend money in their Plum account, they can either withdraw money to their bank account or use a Plum debit card — but they must pay a subscription fee in order of getting one. This allows users more flexibility when deciding how and where to allocate their saved funds.

Basic savings accounts are currently attractive products in the United Kingdom because of the high interest rates. However, this is not always the case in other countries where interest rates are rising. This can make basic savings accounts less appealing to people who would rather not think about their finances too much.

Cryptocurrencies are becoming more and more popular, and there’s no reason why Plum shouldn’t be part of the trend. By allowing users to buy and sell shares in cryptos through the service, Plum is offering a convenient way for everyone to get involved in the crypto craze.

A digital currency designed specifically for managing finances in challenging economic times, Plum is arriving in five new European countries this month. Designed to help people become more financially resilient in the face of inflation and cost of living pressures, Plum offers a convenient way to keep track of your wealth and make smart financial decisions for the long term.

If you are looking for a way to save money and invest in the stock market, Plum is a great option. Plum offers free account creation, as well as paid subscription options that offer more features. Users can also unlock savings rules and get a card. All in all, Plum is an easy-to-use platform with plenty of benefits.

Plum isn’t your traditional bank account replacement. The app is designed to act as a companion and mini marketplace. This strategy could potentially turn Plum into a mainstream product with less tech-savvy people. Plum could also offer features and services that your typical bank does not have, opening up new possibilities for its users.

Avatar photo
Dylan Williams

Dylan Williams is a multimedia storyteller with a background in video production and graphic design. He has a knack for finding and sharing unique and visually striking stories from around the world.

Articles: 1090