Plum, the ‘AI’ money management app, raises $3M more and comes to Android

INSUBCONTINENT EXCLUSIVE:
plans to use for further growth, including European expansion.The London company has also quietly launched its app for Android phones,
being founded by early TransferWise employee Victor Trokoudes, and Alex Michael, in 2016.The new investment is said to come at the end of a
Facebook Messenger beginnings (competitor Cleo has also released dedicated iOS and Android apps as an alternative to Facebook Messenger).He
also says Plum now has 650,000 registered users, of which around 70% are active monthly
In recent user feedback sessions conducted by the startup, the biggest draw to the app is that its aim of changing financial behaviour to
help people save more appears to be working.When users stick around using Plum for long enough, Trokoudes says they are surprised (and
bank transactions
It then puts money away each month in the form of round-ups and/or regular savings.You can open an ISA investment account and invest based
investments, selecting the percentage amounts to go into each pot from 0-100%.Trokoudes says that Plum recently launched two new
company had so far secured $5 million)