Plumery Enters Next Phase of Growth With 6x Increase in Committed ARR

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Plumery, the AI development platform for banking, today announced significant commercial momentum over the last 12 months, reflecting growing demand for more innovative ways to develop and deliver digital banking experiences. The company has delivered x6 growth in committed ARR, alongside a five times increase in new banks and financial institutions onboarded. As financial institutions across the globe look to modernise their digital banking experiences, many are seeking a new category of platform - development platforms rather than traditional SaaS banking platforms - that help them bring new customer experiences to market faster and adapt to changing customer needs. Plumery is leading this shift by helping banks and credit unions modernise their digital channels faster, with bespoke experiences built on a secure, bank-grade foundation. Financial institutions can now have greater flexibility and control when responding to evolving customer expectations and market demands, while benefiting from Plumery’s latest innovations. Plumery’s agentic approach builds on this shift, helping banks move away from traditional, project-based launches towards a more continuous, outcome-driven model of digital banking development. A major new product innovation, already in production with customers, will be announced in the new year and is set to further simplify development and accelerate implementation of digital banking experiences.“Plumery has reached an important inflection point,” said Ben Goldin, Founder and CEO of Plumery. “We have proven the demand for a different approach to digital banking and are now seeing that translate into significant growth momentum partnering with financial institutions across the world. Our use of AI is fundamentally changing how quickly financial institutions can build and launch their apps. Recent customers have gone live 80% faster than industry benchmarks and reduced integration costs by 70%. ”Building the next generation of digital bankingIn September, they also launched the DBP Rescue Plan, a programme designed to give financial institutions a lower-risk path away from the legacy digital banking platforms that no longer meet their needs to an AI development platform - the new market category Plumery is leading the way in building - that will enable them to launch digital experiences with speed and gives them the freedom to build differentiation faster. Market interest has been strong, with the first banks already starting the programme.Plumery expects the rapid growth to continue, with an expanding customer base and  international footprint spanning presence in Amsterdam, London, Miami, Cape Town and Vilnius taking Plumery’s proposition to even more banks, credit unions and fintechs globally. NoYesInfrastructure05 Nov, 2026