Plum

Plum is a financial management software. By registering an account and linking it to a bank account, it analyzes your financial situation and income/expense records based on your savings goals to generate corresponding financial plans, such as a 52-week challenge to help users gradually develop good saving habits. For users who want to invest, they can start their investment journey in just a few minutes, choosing from thousands of well-known companies and investing anytime to grow their wealth. Security is also not a concern; multiple identification technologies and encryption measures are used to protect your transaction records and account security at all times, allowing users to use it with confidence.

Features of Plum:

NEW: INVEST IN YOUR FUTURE WITH ETFs

Choose from over 40 ETFs, including S&P500, CAC40, Artificial Intelligence and NASDAQ 100.

New to investing? Check out our Easy ETF range, available without a subscription.

Start investing from just €1.

Invest regularly with automation and minimise risk.

T&Cs apply. Capital is at risk. The value of your investments can go down as well as up. You will need to review periodically that automation is suitable for your circumstances.

MANAGE YOUR MONEY SAFELY WITH BANK LEVEL SECURITY

Plum is a trading name of Plum Fintech CY Limited, a regulated European company.

We support biometric security using face & fingerprint ID.

Any sensitive data we hold is stored using symmetric cryptography (AES).

We use 256-bit TLS encryption to communicate with our servers.

We’re here when you need us. Customer support available 7 days a week.

AUTOMATICALLY SAVE AND MANAGE YOUR MONEY

Link your bank accounts and credit cards to get an overview of your finances.

Automate your deposits to help you put more money aside over time.

Choose from a selection of Moods to tell Plum how much money you’d like to set aside.

Harness the power of Rules such as our AI algorithm, Round Up. feature, 52 Week Challenge or Rainy Day Rule to automate deposits.

Withdraw anytime and as often as you’d like.

User Reviews of Plum:

Hi cameron I have signed up and used the app and have to say I absolutely love theorganised layout with the pensions investments (very informative) etc and the fact that Ican see the upcoming regular bills as it personally helps me organise a budget for eachmonth, I also love the save the change feature as bad savers like myself will find it easierto save the tiniest amount!!!!! Furthermore, the fact that I can attach more than oneaccount makes it accessible and easy to use. Improvements: tbh not much needed as ifeel like it give explores a lot but maybe create a payment reminder tracker- monitor billssubscriptions etc and make it more accessible by creating Website version or addingmore languages so it can be translated and maybe a wish list feature where people havea saving area for the thing a they want to buy. Tbh I love the app and will be sharing it tofriends and family as I feel Ik a lot of people who would find good use in this. Also, pleasetell me u have a feedback section for people to write reviews so it can be gained as moreof a trustable app and people would know if it's popular and can therefore trust theirprivate info being on the app.

Plum has helped me massively from being a none saver to wanting to save. What startedout as pennies or a few pounds, has escalated to putting aside pay day payments eachmonth ontop of the weekly savings. The last 2 years Christmas has been paid for throughmy Plum savings. This year, ontop of my Christmas savings, i have added Carrepairs/MOT and Gym savings. Plum is a great tool in gaining money managementespecially where there is a lack of discipline, this hasn't happened overnight for me, myfirst year i struggled with seeing my savings there and the need to spend it, however asthe years have gone on my money management discipline has gone from strength tostrength. With Plum you can change how you want to save, as it has a few differentlevels, you can pause saving when the need arises, if you need the money you havesaved, you can get it out immediately or within the hour at the latest.Plum is an excellenttool to gain money management and easy savings, i highly recommend it.

This app is very good for saving money! You set it up to decide how much and when yourmoney goes in and it will come out as a direct debit if you choose. You can also justdeposit as and when youd prefer that. You can also set up things like the 1p challenge,round ups and a few more easy ways of saving which I think is great because you don'teven know it's missing. The AER rates are probably some of, if not, the best out there ibelieve. My only criticism is that the majority of the accounts you set up, particularly theones with the best interest rates on, the money is not always instantly available towithdraw, I've noticed if you try on the weekend you have to wait till Monday for it to beavailable however, that being said in the week it's a couple hours at most. It's not theworst feature because it stops you spending money if it's not easily accessible but as youcan imagine, sometimes it's also extremely inconvenient and frustrating and there'snothing you or the customer service can do to speed it up. My advice would be to keepsome safety money in an account you can access as and when it's required.

FAQs of Plum:

Is Plum a bank?

No, we’re not a bank.

How does the new FSCS limit affect my savings?

From 1 December, the FSCS protection limit rose to £120,000 per person, per banking institution. To keep your money safe, we automatically spread your deposits across multiple partner banks.

But is my money safe with you?

Yes! At Plum, our mission is to maximise wealth for all, and we take that mission seriously. That means making sure that we have robust protections in place for your money.In the UK, Plum is regulated and authorised firm. This means Plum is subject to strict regulatory systems and controls requirements. We pick our providers very carefully and will only work with regulated companies who have a proven track record. You can read about it more here.We also take great care to keep your information secure, employing robust security measures and applying the comprehensive industry standards.

Is Plum free to use?

Yes, our basic plan is free to use. You get access to some Auto Savers, Plum Interest and stocks. But you can upgrade your subscription at any time to unlock even more.

Is it easy to sign up?

Yes! We’ll ask for a few details, but you can do the whole thing on your phone in five minutes.

Summary:

Plum is a financial app developed by a fintech that helps us save money. To do this, the first thing to do after downloading the APK file is to link the account with our online banking service through a secure system. In this way, the system will be able to analyze our expenses and offer us a customized service.