Plum Interest launches in Ireland offering 3.45% rate for savers 

The smart app has partnered with global asset management firm, BlackRock, who are providing the money market fund that supports Plum Interest

The product is based on a type of highly liquid money market fund that, according to Plum, is "broadly considered the safest of its kind,"

Smart money app, Plum has launched a new 'Plum Interest' product, allowing Irish customers variable annual rates of 3.45%. 

It comes amid sustained criticism of Irish lenders to increase customer deposit rates following continued hikes from the European Central Bank.