HomeNetherlandsPlumery Raises $3.3M in Additional Funding

Plumery Raises $3.3M in Additional Funding

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Plumery

Plumery, an Amsterdam, the Netherlands-based provider of a digital banking experience platform, raised $3.3M in additional funding.

Backers included DN Capital and Fontes managed by VC firm QED Investors.

The company intends to use the funds to expand sales and marketing efforts, strengthen global partner management, and enhance the product’s feature-rich capabilities in the small and medium enterprise (SME) and consumer segments, as well as for lending and microfinance companies. Plumery also plans to increase headcount in key areas, including product, engineering and commercial roles.

Founded in 2022 and led by CEO Ben Goldin, and Founder, Plumery offers a platform that allows mobile and web banking interfaces and experiences to be built on modern or legacy core banking platforms. Operating across Amsterdam, Lisbon, and Vilnius, the company aims to empower financial institutions worldwide, regardless of size, to craft contemporary, and customer-centric mobile and web experiences.

Since its inception, Plumery has concentrated on delivering a digital banking platform that allows organisations to quickly deploy and customise their banking capabilities. After the launch of the platform, which focuses on SME and consumer banking as well as lending, Plumery is set to continue its expansion by introducing additional features, AI-driven automation and insights, and conversational banking, among other advancements.

FinSMEs

02/10/2024

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