ASX-listed fintech lenders Plenti & Wisr show car lending is a good place to be
One of the most significant drivers for the stocks of both Plenti and Wisr, was their growth in car lending.
Plenti sets up $100m green warehouse facility
Plenti has established a second warehouse facility worth $100 million to support growth and drive scale in renewable energy and personal loan originations.
Plenti achieves record loan originations
Non-bank lender Plenti achieved record loan originations of $106.9m for the quarter ending 30 September 2020, up 48% from the prior corresponding period.
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.
The 2023 Australian FinTech news headlines
Here are all the major Australian FinTech news headlines for 2023.
