Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2020
    • Power 50 2019
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Jobs
  • My Account
    • Manage Account
    • Change Password
    • Log In
    • Log Out
shutterstock_566398414
August 10 2020

RateSetter Australia rebrands as Plenti

Marc Shoffman Industry News, News, Top 3 Metro Bank, Plenti, Ratesetter, Sebastian Paulin

RateSetter Australia has rebranded in the wake of the separate UK brand’s acquisition by Metro Bank.

Metro Bank agreed a deal to solely fund unsecured consumer loans through RateSetter’s platform last week, subject to regulatory approval.

RateSetter Australia wasn’t included in the transaction and it will continue to be retained by its shareholders.

It has started the process of separation though with the launch of a new brand name, Plenti.

Read more: Why is Metro Bank eyeing RateSetter?

Sebastian Paulin, head of marketing for RateSetter Australia, said the name reflects its wider focus on consumer finance.

“We are a very different business than when we started out five years ago,” he said.

“We have launched new loan products like our award-winning car and green loans, nurtured strong relationships with new partners including loan brokers and renewable energy installers, and brought a diverse range of new investors on board to support our growth.

“Even though some changes have been hard, we think our customers trust us when we say that everything we do is to build a stronger and more resilient platform for growth – allowing us to continue to deliver better value and service.”

Paulin said the platform wanted its identity to reflect its ambitions rather than its origins.

Read more: RateSetter Australia IPO queried after Metro Bank deal

Personal insolvencies ‘set for rapid rise’ in fourth quarter as payment breaks end Business lending predicted to reach 13-year high due to Covid-19

Related Posts

magnifier

Industry News, News, Top 3

Trade association calls for more FCA scrutiny

FOLK2FOLK - Roy Warren MD - head crop (col)

Industry News, News, Top 3

Folk2Folk eyes £100m from institutions as it expands nationally

the acronym fca for Financial Conduct Authority concept represented by wooden letter tiles

Industry News, News, Top 3

FCA to publish initial supervisory work on consumer credit guidance

Popular posts:

  • Chancellor unveils recovery loan scheme
  • The House Crowd goes into administration
  • Budget outlines plans for £15bn of green bonds in 2021
  • Sunak to announce stringent CBILS successor scheme
  • FCA warns The House Crowd investors against using…
  • Government to launch replacement future fund scheme
Back To Top
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2020
• Additional design by