Plenti achieves another record quarter
Fintech consumer lender Plenti has achieved another record quarter, posting loan originations of $130.9m for the quarter ending 31 December 2020.
First fintech consumer lender hits $1bn in loans originated
Plenti has passed the $1bn milestone in loans originated by the group, highlighting the fact it’s the first fintech consumer lender to reach the marker.
New $280 million ASX tech share listing Wednesday
Financial technology company Plenti Group, formerly known as RateSetter, is listing on Wednesday on the ASX with a market capitalisation of $280 million.
Plenti punts on car finance as it plots IPO
Plenti chief executive and co-founder Daniel Foggo said car finance was the fastest-growing part of its new lending, as it prepares for an IPO.
Plenti to list on the ASX after increasing IPO
The IPO is being jointly marketed by lead managers Bell Potter and Wilsons with Plenti slated to begin trading on 23 September 2020.
RateSetter rebrands to ‘Plenti’
RateSetter Australia has rebranded to Plenti as part of a broader move to ramp up the next phase of growth for the company.
Mortgage fintech Funding.com.au raises $5 million warehouse to bring alternatives to cautious investors
Funding.com.au has raised a $5m warehouse from Equity Venture Partners to bring its secured lending platform to cautious investors seeking higher returns.
PayPal rolls out QR codes
PayPal are rolling out a QR codes to 23 markets including Australia and will waiver the standard seller transaction fees for sales using this functionality.
