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    Petko Plachkov

    Co-Founder at Bright. Formerly founder CommuterClub.

    Petko Plachkov is the Co-Founder and Co-CEO of Bright Money, an artificial intelligence-driven finance platform that helps users manage their debt and improve their financial health.12

    Professional Background

    Plachkov has over 12 years of experience in the financial services industry. His career journey includes:

    • Started as a Business Analyst at McKinsey & Company in 2008
    • Promoted to Associate at McKinsey after two years
    • Worked as an Investment Director at Resolution Capital in 2010
    • Founded CommuterClub, a startup focused on making commuting more affordable, in 2014
    • Co-founded Bright Money in 20191

    Education

    • International Baccalaureate from Waterford Kamhlaba (2002-2004)
    • BA in Woodrow Wilson School of International Relations from Princeton University (2004-2008)
    • Started MBA in Entrepreneurship/Entrepreneurial Studies at The Wharton School in 2013 (currently on leave)1

    Bright Money

    Bright Money, co-founded by Plachkov and Avi Patchava, is an AI-powered finance platform that uses a proprietary MoneyScience™ algorithm to help Americans manage their debt and build wealth.2 The company has successfully assisted thousands of customers in paying down credit card debt, improving credit scores, and saving for the future.2

    Personal

    Plachkov resides in Berkeley, California, with his wife and dog. He enjoys cycling and hiking in the Bay Area during his free time. Interestingly, he grew up in Bulgaria and Swaziland before moving to the United States for his studies at Princeton.2

    Petko Plachkov's LinkedIn username is indeed petkoplachkov.3

    Highlights

    Consumer fintech startup Bright Money raises $12 million in funding ...
    Sep 17 · Techstory
    Bright Money bags $31 million in a Series A round led by Sequoia, among others - Techstory
    Sep 16 · Inc42 Media
    Fintech Startup Bright Money Raises $31 Mn Led By Sequoia Capital India, Others - Inc42 Media

    Related Questions

    What inspired Petko Plachkov to transition from McKinsey to founding startups?
    How did Petko Plachkov's experience at Resolution Capital influence his approach at Bright Money?
    What challenges did Petko Plachkov face while founding CommuterClub?
    How does Bright Money's MoneyScience™ algorithm work?
    What are Petko Plachkov's main responsibilities as Co-CEO of Bright Money?
    Petko Plachkov
    Petko Plachkov, photo 1
    Petko Plachkov, photo 2
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    Location

    San Francisco, California, United States