Investment app Plum has added customisable savings pots as a widget feature for iOS users.

Plum users can now view how much the pots on their iOS home screen without having to open the app.

Plum, which aims to compete with the likes of Monzo, Revolut and Starling in offering innovative savings options, helps customers put away money into a savings ‘pocket’, which they can personalise with a specific goal they want to save for, and the new home screen feature simplifies the way users can keep track of progress made.

Plum claims the move makes it one of the first financial apps to offer a widget feature to UK customers, says and there are plans to extend this functionality to include other features and future investment products.

This comes as Plum is investing heavily in its proposition following itsl Series A funding,which raised $24 million in November.The company is planning to launch a new US stock investing product later this month.

Plum said it reached 130,000 downloads in January this year and expects to reach 2 million registered customers by the end of 2022.

Victor Trokoudes, chief executive & co-founder of Plum said: “We are constantly looking for ways to respond to user feedback and enhance our functionality, to ensure we are offering users the best possible service and making managing their money as simple and accessible as possible.

“This new feature adds an additional layer of customisation, further enhancing our offer and aim to help customers keep on track with their finances.”

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