23 September 2020

Plenti is latest Australian FinTech to go public  

Written By FinTech Alliance in FinTech

Plenti is latest Australian FinTech to go public  

Australian FinTech firm Plenti Group is launching on the ASX today (Wednesday).  

In Brief:  

  • It has a market cap of $280.3mn.  

  • Plenti offers a platform for lending and investing across Australia.  

  • It was established in 2014 and has 22,000 investors on its platform.  

What does this mean?  

The business hoped to raise A$50mn at IPO but has instead raised $55mn. It aims to open up investing to all, and offer loans that are flexible, fast and fair.  

Read more here.    

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