Amsterdam-based digital banking experience platform Plumery, which enables financial institutions to develop and customize mobile and web applications to enhance customer experiences, has raised $3.3 million in funding to strengthen global partnerships and further develop its platform. The capital came from DN Capital and Fontes, managed by QED Investors.
- Founded in 2022 by Ben Goldin, Plumery develops a digital banking experience platform called Digital Success Fabric, which empowers financial institutions to launch unique mobile and web applications.
- Plumery operates in Amsterdam, Lisbon, and Vilnius and supports over 300 banks worldwide. Its platform helps banks enhance customer experiences and keep pace with digital trends by offering fast, flexible, and cost-effective solutions.
- With Plumery, banks can implement custom digital journeys 80% faster and at a lower cost than traditional methods, all while maintaining core system stability.
Details of the deal
- The round was led by DN Capital, a London-based VC firm focused on early-stage fintech and software investments, alongside Fontes, managed by QED Investors, a global VC firm backing disruptive financial services companies.
" Their clear vision and execution capabilities have been impressive, particularly in scaling their global presence and enhancing their product suite. We believe in Plumery’s potential to disrupt the market and are excited to support them as they reach new milestones in this next chapter of fintech evolution," Partner and Head of Europe at QED Investors, Yusuf Özdalga, commented.
- With the funds raised, Plumery aims to expand sales and marketing efforts, strengthen global partnerships, and enhance product features for SMEs, consumers, lending, and microfinance. The company also plans to grow its team in key areas, including product, engineering, and commercial roles.
“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," Founder and CEO of Plumery, Ben Goldin, stated.
