Plenty raises $2.75 million
Fintech startup Plenty has raised $2.75 million in pre-seed funding.
Founded in 2022, the San Francisco-based startup offers a wealth building platform that helps couples invest and plan for the future together.
The platform enables users to join as individuals or couples. Users connect their financial accounts and then can choose which accounts to share with their partner.
Plenty requires an initial $100 deposit and charges a $150 annual membership fee for individuals or $200 per couple, with both people getting their own Plenty account.
There is also a cash management product — a portfolio backed by money market funds currently offering 4.83% annual percentage yield.
Plenty was founded by Emily Luk and Channing Allen, who worked together at Even, a fintech startup that was acquired by Walmart.