Plynk

Plynk

Ireland; Dublin Ireland; Hong Kong
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Investor info
Type
Venture Capital
Stage focus
  • Seed Round
Industry focus
Description
Plynk is a European money messaging app offering instant person-to-person payments. Headquartered in Dublin, Plynk was co-founded by Charles Dowd and Clive Foley in 2015. In June 2017 Plynk secured a €25 million Series A Raise; the investment was one of the largest Series A raises in Irish history. Plynk was developed to remove the complexities of money transfers amongst family and friends, making it fun, fast and free. With Plynk, users send money to a name, not an account number. Linked to users’ social networks, Plynk users can send money as a message to a single contact or in group chats instantly and with no fees. Plynk accounts are created in-app in two minutes, giving users a payment account with a dedicated IBAN and virtual Mastercard. Plynk is available for iOS and Android. Plynk raised €725,000 in seed investment in October 2016 with backing from Bank of Ireland, venture capital firm Delta Partners, Enterprise Ireland, the NDRC and a number of angel investors.
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    11000000
    Series C funding
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