Plum: London fintech raises $10m in VC funding during COVID-19 - Business Insider

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Plum: London fintech raises $10m in VC funding during COVID-19 - Business Insider
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Here's an exclusive look at the pitch deck fintech startup Plum used to raise $10 million during coronavirus

London-based fintech startup Plum has raised $10 million in fresh VC funding amid a boom in its services during coronavirus.

"Covid has really accelerated the conversation around money management and fintech," Victor Trokoudes, CEO and cofounder of Plum, told Business Insider.Money management startup Plum, founded in 2017 by former TransferWise employee Victor Trokoudes and Alex Michael, raised $10 million in fresh funding.

Plum uses AI to automate key parts of personal finance, such as saving, switching bills and investing. The company will use the funds to expand its product offering with this fundraise by moving into pensions while also expanding geographically to France and Spain.

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