The Australian housing market has left people in limbo with mortgage pressures forcing them to pinch pennies. As they cast around for low-cost lenders, fintech loan providers like Plenti (ASX: PLT) are enjoying their time in the spotlight. In Q2 FY23, Plenti’s loan portfolio increased to $1.67 billion, 51% above Q2 FY22 and 8% above
Read MoreWith the economic environment in the midst of raising interest rates and central banks attempting to dampen inflation, investors have been keeping an anxious eye on Australian lenders to see who will hit profitability sooner and avoid bad debts arising from raised rates. With this in mind, loan-only businesses have been racing to scale up
Read MoreNeo-lender Plenti Group Limited is preparing to list on the Australian Stock Exchange with a proposed listing date of September 23. The Company is looking to raise $55 million at an offer price of $1.66 per share, effectively giving Plenti an indicative market capitalisation of $280 million. There is no shareholder sell-off as part of
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