fintech Plum raises money crowdcube As part of a larger financing round, it allows small investors to access a more mature firm on the same terms as institutions.
Plum is raising capital at a pre-money valuation of £250 million, according to the offering page. Plum has raised money on Crowdcube several times. The latest funding round saw the Fintech raise money at a pre-money valuation of £135 million, with the bulk of the funding coming from professional investors such as venture capitalists. Plum has raised over £50 million since its launch.
To date Plum has raised £1.56 million from 2,343 investors who bought shares in the company via Crowdcube.
Plum reported reaching profitability in the first quarter of 2026 with positive EBITDA and operational profitability.
The AI-powered app claims to have 5.2 million downloads and 1.1 million active users. Plum reported 38% growth in active customers.
Assets Under Advice/Management are reported to be £3.1bn.
Plum’s value proposition is to use idle funds to the benefit of investors. The company states that “£300bn remains dormant in bank accounts, earning zero interest”. This is their target market.
Plum helps users move money into other products such as ISAs, shares including fractional shares, and other vehicles such as funds. It is a beginner-friendly way to better money management.
The use of the new funding includes the ongoing development of the AI-based digital asset advisor and launching new products in the UK. There are plans to scale within the EU and improve existing savings, investments and in-app features.
The offer will end soon as there are only 8 days left.
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