Plum is a savings and investment ‘robot’ for your phone that analyzes your spending and automatically saves money for you. Plum decided to make saving money seem less of a chore and easier by allowing us to spend on ‘things we want, rather than things we need’.
It works by linking to your bank account (all major UK banks) using Open Banking and analyzing your cash flows to work out the best amount to put away every week. You determine how much you want Plum to save and ask it to stop saving at any time. To sign up for Plum you must be a UK resident.