Investment app expands into five European countries
Personal finance app Plum has launched in five more European countries: Italy, Portugal, the Netherlands, Greece and Cyprus.
This means Plum is now present in 10 European countries overall, as it is already available in the UK, France, Spain, Ireland and Belgium.
Plum supports people to manage their finances, as well as diversify and grow their money over the long term with its stock investing service.
Victor Trokoudes, co-founder and chief executive of Plum, said: “We’re delighted to bring Plum to five new European countries and help people manage their finances there. This is a challenging economic period as people are experiencing levels of inflation not seen in decades, leading to cost of living challenges.
“The need for long-term financial resilience has arguably never been clearer and we created Plum precisely to help people tackle this, helping ensure that your money management is automated and wealth looked after for the future.
“Being present in 10 markets overall demonstrates we truly are a European company. At Plum, we are committed to empowering people with a complete money toolkit, helping them nurture their financial wellbeing today and for the long run, giving motivation to their money.
“The intelligence of our app means we can offer a smart alternative to traditional tools and help people make their money go further in multiple ways. We’re excited to be helping people to save money, invest in stock markets and manage their spending, through one single app, and at a lower cost.”