Plumery funding news – Amsterdam-based Plumery Raises €3 Million in Additional Funding

Read also - xtype funding news – Austria-based xtype Secures €19 Million in Series A Round Funding

The additional funds will be utilized to boost worldwide partner management, increase sales and marketing initiatives, and improve the product's feature-rich capabilities for lending and microfinance organizations, as well as small and medium-sized enterprises (SMEs) and consumers. Additionally, the business intends to add more employees to critical positions in engineering, commercial, and product development.

Guy Ward Thomas, Partner at DN Capital said: “Plumery empowers banks, lenders and fintechs to stay competitive in today’s fast moving digital landscape Having backed leading consumer fintechs, we know how important it is to deliver outstanding web and mobile experiences. For incumbents and challengers alike, investing in great digital journeys is crucial to winning and retaining customers in a world where neobanks are raising the bar. Plumery’s innovative approach aligns perfectly with our fintech investment thesis – to transform the banking tech stack delivering real commercial impact. We are excited to back what is clearly a key player in this space to help them expand their global presence.”

Yusuf Özdalga, Partner and Head of Europe at QED Investors, commented: “Plumery is a trailblazer in the digital banking space and is uniquely positioned as a bridge between traditional banking and the fast-evolving fintech landscape. Their platform enables banks to innovate rapidly without the disruption of overhauling existing legacy systems. Their clear vision and execution capabilities have been impressive, particularly in scaling their global presence and enhancing their product suite. We believe in Plumery’s potential to disrupt the market and are excited to support them as they reach new milestones in this next chapter of fintech evolution.”

Plumery has focused on providing a digital banking platform that enables organizations to swiftly install and customize their banking capabilities since its founding in 2022. Following the platform's successful launch, which focuses on lending as well as SME and consumer banking, Plumery plans to keep growing by delivering new products, automation and insights powered by AI, conversational banking, and other innovations.

Ben Goldin, Founder and CEO of Plumery, added: “We are excited about the continued support from our investors, which validates the progress and strategic foresight we have demonstrated. Our commitment to product excellence and expansion into key markets is central to our roadmap, and this funding will propel us even further. We look forward to working with our partners in this next phase of our evolution and sustained growth in today’s competitive market.”

With Plumery's platform, modern or old core banking platforms may have mobile and web banking interfaces and experiences produced at 80% faster and lower cost than with previous methods.

About Plumery

The Digital Success Fabric technology from Plumery, which enhances digital banking experiences, enables change agents at financial institutions to launch distinctive mobile and web applications. Its adaptable, developer-friendly platform gives visionaries in banking the power to continuously improve the client experience, enabling progressive financial institutions to stay ahead of the digital curve and satisfy the changing demands of tech-savvy consumers.