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British fintech Plum has launched its app in five new European countries, including Italy, Portugal, the Netherlands, Greece and Cyprus.

Plum customers in these markets can now connect their bank accounts to the app. With its unique automated tools, Plum supports people to manage their finances, helping them fight the inertia of money when it comes to making smart financial decisions. This includes helping people automatically set aside money on a regular basis according to their goals.

Growing budgets through savings and investment to address high living costs

The app allows its customers to diversify and grow their money over the long term through a stock investment service. People can invest in up to 3,000 US stocks commission-free. Customers can start investing from just €1 with fractional shares in well-known companies such as Google, Meta or Amazon.

Plum also offers a 100% biodegradable and recyclable VISA Debit Card, available at no extra cost to its paying customers, which allows users to pay online, via Google Pay or directly at a merchant, or withdraw cash at no extra cost anywhere. Europe.

Increased presence in Europe

Plum is strengthening its presence across Europe at a time when money management has become more important. Prices remain high in the eurozone, with inflation expected to reach 9.2% in December 2022, meaning people continue to face cost-of-living challenges, the press release said. The app helps people save, budget and invest, already helping 1.5 million people across Europe set aside more than €1.79 billion.

Company officials are excited to bring Plum to five new European countries and help people manage their finances there. This is a difficult economic time as people are experiencing levels of inflation not seen in decades, leading to cost of living challenges. The need for long-term financial flexibility is clear, and they’ve built Plum to help people address this, helping to ensure that clients’ money management is automated and wealth is looked after for the future.

Being present in a total of 10 markets shows that Plum is a truly European company. The company is committed to empowering people with a complete money toolkit, helping them fuel their financial well-being today and long-term by motivating them with their money. The smartness of Plum’s app means it can offer a smart alternative to traditional tools and help people make their money go further in many ways.

The launch marks the next step in Plum’s European expansion, having successfully launched in the UK, France, Spain, Ireland and Belgium. This means that the plum is now available in a total of ten European countries.

More information about Plum

Plum is money, motivated. It is a smart money app whose mission is to make wealth creation automatic. Founded in 2016, Plum automates the parts of personal finance that people struggle with or don’t have time for, helping them save, invest, budget and manage their spending. Plum has more than 1.5 million customers in the UK and EU, helping them put aside more than £1.5 billion.

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