Plumery raises $3.3M in new funding to fuel growth and expansion

Plumery, a platform that delivers a cutting-edge digital banking experience focused on customer-centric solutions, has announced securing an additional $3.3 million in funding. This investment comes from early-stage backers DN Capital and Fontes, a fund managed by QED Investors, a leading global venture capital firm. With this new injection of capital, Plumery’s total funding to date has reached $7.8 million as the company gears up for a larger Series A round set for 2025.

The fresh funding will be allocated toward ramping up Plumery's sales and marketing initiatives, building stronger partnerships globally, and enhancing the platform’s robust capabilities. This includes catering to the small and medium enterprise (SME) and consumer markets, as well as servicing lending and microfinance companies. Additionally, Plumery plans to grow its team, focusing on expanding product, engineering, and commercial roles to support its ongoing innovation.

Since its establishment in 2022, Plumery has been dedicated to providing a digital banking platform that enables organizations to rapidly deploy and customize their banking functionalities. Following a successful launch, the company continues to expand, focusing on SME and consumer banking, as well as lending solutions. Future plans include rolling out additional features such as AI-driven automation, advanced insights, and conversational banking tools.

Ben Goldin, Founder and CEO of Plumery said: “We are excited about the continued support from our investors, which validates the progress and strategic foresight we have demonstrated. Our commitment to product excellence and expansion into key markets is central to our roadmap, and this funding will propel us even further. We look forward to working with our partners in this next phase of our evolution and sustained growth in today’s competitive market.”

Plumery’s platform is designed to deliver fast and cost-effective banking experiences for mobile and web, enabling banks to build modern or legacy interfaces at a fraction of the cost and at 80% faster speeds compared to traditional methods.

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