PLUM FINTECH LIMITED a Finance & Payments business raised £ 1,005,249 via a Equity raise funded on 5 Jul 2018

Seedrs

Who are PLUM FINTECH LIMITED

PLUM FINTECH LIMITED is located in London.

Plum is our generation’s financial assistant. Helping save & invest in things that matter, & avoid bills

Plum is your personal money assistant that uses AI to manage your money the way you should but can’t be bothered to. You connect your bank account to Plum via open banking, and we use the data to make you better off across 3 pillars of financial well-being:

– Save: Plum uses your history of transactions to save money for you automatically without any additional input from you.
– Invest (launching now): Choose from theme-based funds to express your view on world trends like Tech, Ethical companies and Emerging Markets, risk-based funds for long-term diversified investing or P2P lending for more stable return. We believe that this is the first product of this kind in UK.
– Don’t get ripped off: Your bills are analysed and better and cheaper alternatives are provided. (Utilities, Loans, Credit Cards, Mortgages)

Plum’s growth has been very strong, in the last year we grew over 6x from 21.6k users to 130k+ users and had 80+ press mentions and were live on Sky.

Company details for PLUM FINTECH LIMITED

The company was incorporated as a Private limited with Share Capital on 14 Jan 2016 and is registered in the UK at Companies House with Company Number 09952199

The sector the business operates in is described at Companies House as 66190 – Activities auxiliary to financial intermediation n.e.c. with its registered office at 2ND FLOOR, 5-8 DYSART STREET, MOORGATE HOUSE
LONDON
EC2A 2BX.

Current status of the company is Active.

How much was raised in the Plum Seedrs Crowdfunding Campaign

Company funded on 5 Jul 2018 with £1,005,249 at a pre money valuation of £8,011,037 . The target raise was £850,004 for 9.59% of the equity of the company.

The raise was a Equity raise.

The company operates in the sectors Finance & Payments , Digital and B2C .

What information do the filings at Companies House provide about the Company

Last accounts made up to 31 March 2019 filed by the company show

  1. Cash £1.5M
  2. Net Worth £1.6M
  3. Total Liabilities £202.1k
  4. Net Assets £1.6M

The records indicate the company has total directors of 2 and 60 shareholders.

Accounts Filing Status

  1. Last Accounts – Last accounts made up to 31 March 2019
  2. Last accounts made up to 31 March 2019

Confirmation Statement Status

  1. Last Confirmation Statement – Last statement dated 13 January 2020
  2. Next statement date 13 January 2021
    due by 24 February 2021

Filings Recently Made By PLUM FINTECH LIMITED

21 Jul 2020 – Registered office address changed from 2nd Floor Dysart Street Moorgate House London EC2A 2BX England to 2nd Floor, 5-8 Dysart Street Moorgate House London EC2A 2BX on 21 July 2020

21 Jul 2020 – Appointment of Mr Sanjin Beloberk as a director on 26 May 2020

21 Jul 2020 – Statement of capital following an allotment of shares on 26 May 2020
GBP 2.668633

20 Jul 2020 – Registered office address changed from Moorgate House 5-8 Dysart Street London EC2A 2BX United Kingdom to 2nd Floor Dysart Street Moorgate House London EC2A 2BX on 20 July 2020

See other Seedrs Crowdfunding Raises  and other Crowdfunding Sites