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