At Plenti Group (ASX:PLT), we offer award-winning automotive, renewable energy, and personal loans, delivered by proprietary technology, to help creditworthy borrowers bring their big ideas to life.
Since establishment in 2014, our loan originations have grown consistently, supported by diversified loan products, distribution channels and funding, and underpinned by our exceptional credit performance and continual innovation.
Reaching a one-billion-dollar loan origination run-rate in June shows we are successfully taking market share and accelerating towards our ambition of achieving a one-billion-dollar loan book during this financial year. As we continue on our mission to build Australia’s best lender, the exceptional momentum across our business reflects the strength of our offering in each of our verticals and our relentless focus on delivering faster, fairer loans to our partners and customers.
Our purpose is all about bringing big ideas to life — for our customers, our partners, and our team. We achieve this every day by delivering on our vision of offering faster, fairer loans through smart technology. It's all just part of how we go about realising our mission of building Australia's best lender.
Key performance highlights for FY21 as at 31 March 2021.
loan originations up 64% on pcp
loan portfolio up 61% on pcp
revenue up 28% on pcp
customer profiles in Plenti's ecosystem
number of loans funded in FY21
5-star reviews to 31 March 2021
From the CEO
Plenti delivers strong FY21 results
Plenti’s aim is to build Australia's best lender, delivering faster, fairer loans through smart technology. Our exceptional year of growth was achieved by a relentless focus on bringing our customer's big ideas to life. We have reached a tipping point in both our scale and growth and are now taking meaningful market share in each of our large lending verticals.
We have validated our ongoing investments in our proprietary technology, providing the scalability and operating leverage inherent in our technology-led business. Plenti is well positioned for continued growth in FY22 across all of our lending verticals, leveraging our technology platform and customer reach.