Business
Plenti (ASX:PLT) share price climbs after another solid update
The Plenti Group Ltd (ASX: PLT) share price is rising this morning after the fintech company announced another solid quarterly update, in which it reported record loan originations.
At the time of writing, the Plenti share price is up by 2.13% to $1.20.
What moved the Plenti share price today
The company has released an update on its third-quarter FY21 trading results for the period ending 31 December 2020.
It reported record loan originations of $130.9 million, which is 58% above prior corresponding period, and 22% above the prior quarter. Record monthly loan originations were achieved in six consecutive months, from July 2020 all the way to December 2020.
As in the previous half, growth was led by automotive lending, which is up…
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