Ann: FY22 results announcement, page-9

.. trying again …

Hello
And Thank You for posting here because, after looking  at this company just  a bit last night, there does seem to be Plenti to like;
To share the delves into some historic background for anyone else new to the company;

The name?

Spoiler : Plenti rebranded from RateSetter August 2020

https://www.theadviser.com.au/growth/40662-ratesetter-rebrands-to-plenti
RateSetter rebrands to ‘Plenti’

by Reporter•06:35 AM, 11 Aug 2020•3 minute read



The non-bank lender has changed its name to reflect its future ambitions in the credit space.

RateSetter Australia has rebranded to “Plenti” as part of a broader move to “ramp up” the next phase of growth across its personal, automotive and renewable finance offerings.

Plenti CEO Daniel Foggo said the lender wanted its identity to reflect its ambitions rather than its origins as a marketplace platform.

“We will always be proud of our history. But we feel now is the right time to take things to the next level, with a name that reflects our company’s future as a champion in consumer finance.”
“The name ‘Plenti’ does just that. Plenti reflects our ambition and purpose: to create smart financial products that help our customers make the most of their money and transform their tomorrow.”
He continued: “The company has transformed into a very different business than when it started out operating exclusively through a marketplace model.
“Since then, Plenti has launched new loan products like 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 its growth through a range of structures.”

Mr Foggo stressed that while “rapid growth” would be a “priority” for Plenti, its traditional offering would continue to be a key part of its platform.
“We are extremely proud that in just five years we’ve helped 80,000 households achieve their goals through flexible, low-rate loans and stable investment returns, powered by our clever technology and a desire to always do the right thing,” he said.

All the things that count about your loans and investments are here to stay, like the fast online experience, fair interest rates and flexible loan terms that match your needs.”
Mr Foggo said the lender’s brand would continue to evolve as it executes its growth strategy.
“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,” he said.
“Building towards an exciting future is in our DNA, so stay tuned for more to come.”

Over the past 12 months, Plenti has been actively expanding its presence in the third-party channel.
Most recently, Plenti joined FAST’s lender panel, which marked the non-bank’s 11th partnership with an aggregator.
[Related: RateSetter joins FAST’s lender panel]

More than a name?
Meet CEO Daniel Foggo as he was back in 2018 ;

Spoiler : Meet the man

https://www.brokernews.com.au/features/hot-seat/hot-seat-daniel-foggo-254648.aspx
Hot Seat: Daniel Foggo

HomeHot Seat
by AB11 Sep 2018




RateSetter Australia CEO Daniel Foggo explains the lender’s strategy for building its broker channel


Q: What’s one of your recent career highlights?

A: It would have to be when Vaughn Richtor joined our board as chairman last year. This was a highlight for me as it provided a proof point that RateSetter was gaining traction and credibility in Australia. Vaughn founded ING in Australia and grew it to have the fifth-largest loan book, primarily by focusing on building the broker channel. Having him on board provided me with reassurance that we could tackle our next stage of growth, especially the broker channel, with real confidence.


Q: If you won $1m, what would you do with it?

A: It might sound like I’m obsessed with my business, but I’d likely invest in our lending platform, where returns of over 9% per annum can be earned. I’d likely also want to allocate some to the equity of our business, as I’m confident of the growth we are going to achieve over the coming years, especially as Australia enters the open banking era and we deepen our relationships with brokers.


Q: What was your first job?

A: I started my career on the FX trading desk at the Bank of New Zealand, a subsidiary of NAB based in Wellington. I made some good friends and learned a lot working in a trading environment, although I quickly learned I preferred building businesses to trading, and that I like the sun and beaches over wind and rain!


Q: If you had the MFAA’s CEO over for dinner, what would you serve?

A: I know Mike loves his fishing, so fish would be the dish. Being a native Kiwi, I’d likely choose New Zealand snapper, with a solid bottle of Kiwi wine (or several) to complement it.


Q: What are your top survival tips for working in finance?

A: Operating with honesty, integrity and transparency is critical in finance, for both individuals and businesses. We have the privilege of helping consumers with their finances, which is a significant responsibility. Anything short of the highest standards shouldn’t be tolerated. I’d also suggest that to survive and prosper you must work in a business that offers the consumer real value, which may be an alternative to the status quo.

He sounds like he has  is  plenty to like too : )
I am very partial to good CEOs.
Does anyone here have long term experience of him please ?

cheers and GLTA