Plum

Your little savings butler: smart, automatic, 3% interest.

Reviews

Discussion

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Alex Michael
Maker
Hiring
@alexis_michael · Co-founder & CTO at Plum
Hey all, I’m Alex, co-founder & CTO at Plum. Excited to be here – can't wait to hear your feedback and respond to your comments. Bram, thanks for the hunt! Plum is a savings assistant that lives in Facebook Messenger. It links to your bank account (🇬🇧 only for now), monitors your spending and sets money aside for you, automatically. We’ve also just announced our partnership with RateSetter, one of the UK’s leading P2P platforms, so you can invest part (or all, even) of your Plum savings and start earning 3% interest. PS: If you sign up coming from PH, you can skip all the queues and start investing as soon as the RateSetter integration goes into beta 🤗 PS2: Plum is UK-only for now!
Efosa S Omorogbe@efosaso · Multipotentialite, Cofounder of TiTo
@alexis_michael sweet! Been looking for something like this
Alex Michael
Maker
Hiring
@alexis_michael · Co-founder & CTO at Plum
@efosaso Thanks Efosa!
Daveyon Mayne@mirmayne · Working on zired.io
@alexis_michael a quick one before jumping on your website to read the tees n cees, where my money is "tucked"?
Alex Michael
Maker
Hiring
@alexis_michael · Co-founder & CTO at Plum
@mirmayne Hey Daveyon, your money is administered as e-Money by MangoPay, an EU-licensed financial institution and held at Barclays.
Daveyon Mayne@mirmayne · Working on zired.io
@alexis_michael splendid 😉
Jamie@jabbslad · Developer
@alexis_michael Great product!.... I bank with one of your supported banks. Their T&C's expressly state they will not be liable for any losses if I share my account information with third parties. When I read your T&C's both yourself and Yodlee are also indemnified from any losses. This is a difficult pill for me to swallow as it is basically asking me to trust you with my banking passwords but you are saying if yourself or a third party screw up then I suck up the loss. Apologies if I have misinterpreted anything, if I have please can you clarify, if not, are there any plans to work with the financial institutions to resolve this showstopper?
Chip Hunnicutt@chiphunnicutt · Marketing Manager, Crosman Corporation
You had me until Messenger.
Victor Trokoudes
Maker
Hiring
@victor_trokoudes · Co-Founder, Plum. ex-TransferWise
@chiphunnicutt Hi Chip, sad to hear that ;-) We were sceptical when we were launching but so far ppl have been fans despite being sceptics in the start. We clearly will and are thinking of new platforms to be on.. Is it just an app that would work for you? You can email me at victor@withplum.com
Chip Hunnicutt@chiphunnicutt · Marketing Manager, Crosman Corporation
@victor_trokoudes @withplum Tying my finances to Facebook is simply a non-starter for me. That's a part of my life I prefer not exposing to that company.
Jijo Sunny@jijosunny · Co-founder, WhatRuns.
Great concept. I'm living in the UK, and would love to try this. I'm just curious about how you make money, especially since you mentioned that our money sits in an escrow (mangopay). I hope you understand my concern, it's always better for a financial institution to be transparent.
Bram Kanstein (@bramk)
Hunter
@bramk · Creator of @startupstash
Plum is your smart robot 🤖 buddy that helps you save money before you know it. Literally. 🙌
Ed Maughan@edmaughan · Content & Social Media, TransferWise
Nice - been enjoying testing this out the last few months!
Victor Trokoudes
Maker
Hiring
@victor_trokoudes · Co-Founder, Plum. ex-TransferWise
@edmaughan Glad you're enjoying Ed!