Fintech App Plum Reaches Profitability and reaches £250m valuation
- Apr 29
- 1 min read
Smart money app Plum has announced that the company reached operational profitability for the first time in January 2026.
Plum has multiple income streams spanning customer subscriptions, asset-based revenue and transaction revenue, which have together contributed to the company achieving this positive EBITDA milestone.
Plum is now reporting strong financial growth of 60%+ year on year along with making £34 ($46) million ARR.
In addition the company has raised £2.5m from existing institutional investors achieving a valuation of £250m, doubling the previous valuation of 2024.
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