Is Plenti a bank?

Plenti is not a bank, and Plenti investor accounts are not bank accounts. Plenti is not authorised under the Banking Act 1966 (Cth), nor is it supervised by the Australia Prudential Regulation Authority.

Plenti is regulated and licensed by ASIC, holding both an Australian Financial Services licence (number 449176) and an Australian Credit Licence (number 449176).