Amsterdam-based Plumery, a digital banking experience platform, announced that it has raised $3.3M (approximately €3M) in additional funding from DN Capital and Fontes, managed by QED Investors.
This brings the Dutch company’s total funding to $7.8M, ahead of a planned Series A round in 2025.
Yusuf Özdalga, Partner and Head of Europe at QED Investors, says, “Plumery is a trailblaser in the digital banking space and is uniquely positioned as a bridge between traditional banking and the fast-evolving fintech landscape.”
“Their platform enables banks to innovate rapidly without the disruption of overhauling existing legacy systems. 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.”
Capital utilisation
Since its launch in 2022, Plumery has focused on providing a digital banking platform that enables organisations to deploy and customise their banking capabilities.
Following the launch of its platform, which targets small and medium enterprises (SMEs), consumer banking, and lending services, Plumery plans to expand further. Upcoming enhancements will include additional features, AI-driven automation, insights, and conversational banking solutions.
The funds will help Plumery boost its sales and marketing efforts, enhance global partner management, and improve product features for SMEs, consumers, and lending/microfinance companies.
Additionally, the company aims to increase its workforce in product, engineering, and commercial roles.
Ben Goldin, Founder and CEO of Plumery, says, “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: A digital banking experience platform
Founded by Ben Goldin, Plumery has created a digital banking platform called ‘Digital Success Fabric’ that helps financial institutions build custom mobile and web applications.
This flexible platform allows banks to improve customer experiences and keep up with tech-savvy users. Unlike traditional banking systems, Plumery offers ready-to-use solutions and tools for creating personalised user interfaces without affecting core banking systems.
The Digital Success Fabric platform allows banks to develop mobile and web interfaces faster and at a lower cost compared to traditional methods, achieving up to 80 per cent more speed in development.
Plumery’s team combines experience from startups and financial technology companies, supporting over 300 banks worldwide. The company operates in Amsterdam, Lisbon, and Vilnius, aiming to help banks of all sizes create modern and user-friendly digital experiences.
Brief about DN Capital
DN Capital is an early-stage venture fund that invests in Seed and Series A rounds, focusing on consumer internet, marketplaces, fintech, and B2B software. Founded in 2000, it has offices in London, Berlin, and Silicon Valley.
The firm has supported several tech companies, including Remitly, Endeca, Shazam, Auto1, and Incode. With a team that has over 100 years of combined venture experience, DN Capital actively collaborates with its portfolio companies to help them grow.
Speaking about its investment in Plumery, Guy Ward Thomas, Partner at DN Capital, says, “Plumery empowers banks, lenders and fintechs to stay competitive in today’s fast moving digital landscape. Having backed leading consumer fintechs, we know how important it is to deliver outstanding web and mobile experiences.”
“For incumbents and challengers alike, investing in great digital journeys is crucial to winning and retaining customers in a world where neobanks are raising the bar. Plumery’s innovative approach aligns perfectly with our fintech investment thesis – to transform the banking tech stack delivering real commercial impact.”
“We are excited to back what is clearly a key player in this space to help them expand their global presence,” adds Thomas.
01
Empowering digital transformation: How Sigli combines values, AI, and tech to drive change