Plumery, a startup specializing in component-based banking technology and founded by Ben Goldin, the former CTO and CPO of Mambu, has successfully secured $4.5 million in seed funding.
Plumery offers a software overlay that enhances traditional banking architectures, allowing banks to accelerate the development and deployment of mobile and web applications. This capability enables them to stay competitive against rapidly evolving fintech startups.
Ben Goldin remarked, “The banking industry is changing and continues to evolve every day. Customers now expect seamless digital onboarding, personalized and continuous product enhancements, and reliable service from their banks. Unfortunately, many traditional banks struggle to implement these changes, which highlights the need for a next-generation platform like ours.”
The seed funding round was led by Better Tomorrow Ventures, Headline, Seedcamp, and Cocoa Ventures, and included notable investors such as Didier Valet, former deputy CEO of Société Générale; Ricky Knox, founder of Tandem Bank; and Alan Morgan, a former senior partner at McKinsey.
The investment will be allocated towards product development, collaboration with a select group of initial customers, and building the team. A publicly accessible version of Plumery is anticipated to launch later this year, operating on a subscription-based model.