Plinqit

Plinqit is a financial technology startup founded in 2015 in the United States. The company offers a smart savings tool designed to help users achieve their financial goals. Users can securely link their Plinqit account to their financial institution, set savings goals, and automate small deposits on a schedule of their choosing. They can also earn rewards as they work towards their goals. The latest financial milestone for Plinqit was a $5.00M Series A investment on 22 February 2022. This investment came from a syndicate of backers including Invest Detroit Ventures, Michigan Rise, Fintop Capital, jam fintop, Red Cedar Ventures, and 4Front Credit Union. With the increasing importance of financial literacy and savings in today's digital age, Plinqit's innovative solution has garnered support from a diverse group of investors, including established financial institutions. This funding round is expected to fuel the company's growth and further establish its position in the financial technology industry.