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2026-02-04 10:07:58 UTC

cryptovka-news on Nostr: ‍UK Neobank Plutus Secures $2.3M for Loyalty Token on Base London-based neobank ...

‍UK Neobank Plutus Secures $2.3M for Loyalty Token on Base

London-based neobank Plutus has raised $2.3 million for its PlusMore initiative, launching the PLUS loyalty token on the Base blockchain. The project utilizes a Reward-as-a-Service (RaaS) model, aiming to provide tangible on-chain value for consumers by integrating with cashback programs and partner discounts.

Plutus is leveraging Base's Layer-2 scalability for low-fee transactions. The PLUS token is designed to hold a minimum value of $10 when redeemed within the Plutus ecosystem. The funding round saw $700,000 raised via direct in-app sales, with the PLUS token now trading on Aerodrome DEX.

https://cryptovka.ru/en/news/8810/uk-neobank-plutus-raises-2-3m-for-plus-loyalty-token-on-base