EM Chat: The Process Of Taking Plenti Through An IPO

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In 2020 we’ve focussed on the Initial Public Offering process, and have spoken with a few CEOs and founders who have gone through the process with their company.

Recently you may have noticed our friends at Plenti (formally RateSetter) not only did a brand change, but they also listed on the ASX.

We brought in Ben Milsom (Chief Commercial Officer) and Glenn Riddell (Chief Operating Officer) to help us unpack the process they went through, and what is next for Plenti.

In this episode we discuss:

  • The background of Ben and Glenn, and how they both came to be co-founders of Plenti
  • What it was like inside the room when they decided they wanted to do an IPO
  • The process they went through to prepare for the IPO
  • The decision to rebrand
  • Why they’ve introduced a rate cap
  • What life is like in the public markets
  • Plus much more!

To celebrate Plenti funding $1 billion in loans, new investments in the 5 Year Income lending market until 23 December can earn up to 7.2% p.a. ! Read the PDS at www.plenti.com.au before investing.

T&Cs here: https://www.plenti.com.au/terms-and-conditions/5-year-christmas-bonanza/

See important information about returns and investing on the Plenti website. https://www.plenti.com.au/equitymates.

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Any views expressed by the podcast host or any guest are their own and do not represent the views of Equity Mates Media or any other employer or associated organisation.

Always remember, all information contained in this podcast is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. The hosts of Equity Mates are not financial professionals and are not aware of your personal financial circumstances. Before making any financial decisions you should read the Produce Disclosure Statement (PDS) and, if necessary, consult a licensed financial professional.

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