Archives for November 2020

November 18, 2020

Plenti first fintech consumer lender to hit $1 billion in loans originated

Five V is proud to announce that Plenti (ASX:PLT) is the first fintech consumer lender to originate over $1 billion in loans! Congratulations to Daniel Foggo and the team at Plenti

Technology-led lending and investment business Plenti Group Limited has bolted past the competition to nab an historic achievement for Australian fintech: the first fintech consumer lender to originate over $1 billion in loans.

Onwards and upwards!

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November 16, 2020

Five V portfolio company Universal Store celebrates successful ASX listing!

Congratulations to Alice Barbery and her team at Universal Store on their successful ASX listing this week. It has been a privilege to mark this milestone with Universal Store and our co-investors. We look forward to the next part of Universal’s journey as a listed company.

Universal Store raised $147.8 million at $3.80 a share, $38.4 million in primary issuance and a $109.4 million sell-down by existing shareholders, in the third largest IPO this year after Adore Beauty and Home Co daily Needs REIT.

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