Updates24 October 20223 minute read

Plenti Lending Platform markets have been reshaped

We've launched some important changes to the way our investment platform works. Keep reading to learn about our new markets and how they may affect your investments.

  • Flex Market: The 1 Month Rolling market has been renamed the Flex Market. This market will continue to offer an indicative term of 1 month, but will fund loans from 6-24 months in term (a narrower range than the current 6-36 months) 
  • Plus Market: The 5 Year Income market has been renamed the Plus Market. This market will fund loans from 3-7 years in term (a wider range than the current 4-5 years)
  • Green Market: The National Clean Energy market has been renamed the Green Market. This market will continue to fund loans for cleaner, greener energy products with loan terms of 3-7 years, and will now also fund loans for electric vehicles, energy efficient heating and cooling, and other products that help reduce carbon emissions.

Note: Data range from Oct 2014 to Sep 2022. Prepayment profile produced by grouping 36-59 month, 60-83 months, and 84-month loans. Analysis assumes constant loan size, fees, and borrower rate.

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Written byDaniel Foggo
Daniel co-founded Plenti in 2014. Driven to offer customers better value and service than traditional lenders. FinTech Leader of the Year (2016), and FinTech Entrepreneur of the Year (2017).