This is a financial promotion. The value of investments can fall as well as rise and you may get back less than you invest. Capital is at risk. This page is not a prospectus — any decision to invest should be made solely on the basis of the published prospectus.
Plata is going public.
Own a share of the UK's smartest lender.
TrustScore 4.5 | Based on 1,200+ reviews
Already registered? Log in to manage your application.
The offer is priced at £3.80 per share.
Shares are offered at a fixed price of £3.80. Registering places you under no obligation to invest. Capital at risk.
Shares (approx.)
1,842
Investment
£7,000.00
PLT · London Stock Exchange (Main Market).
£3.80 per share
The fixed offer price for the Plata share offer. Applications are accepted at £3.80 per share ahead of admission.
Up to £1bn raise
Plata is raising up to £1 billion in the offer, at a valuation of approximately £5 billion.
PLT on the LSE
Plata intends to admit its shares to the Main Market of the London Stock Exchange under the ticker PLT.
A profitable lender, powered by smart technology.
Plata combines an award-winning, Open Banking–powered platform with a growing book of fixed-rate personal loans. The result is predictable, interest-led revenue and a low cost-to-serve — the foundations of a business built to compound. Now you can own a part of it.
About the company
How to take part
Taking part in the Plata IPO is simple. Register your interest in a few minutes, review the prospectus when it's published, then apply through your chosen broker before the offer closes.
Find out moreRegister your interest
Receive the prospectus
Apply through your broker
What the market is saying
“Plata pairs a genuinely differentiated, Open Banking–led platform with disciplined underwriting. We see a clear runway for the loan book to compound at attractive returns on equity.”
Atlas Equity Research · Initiation note
“A rare combination of profitability, growth and a defensible technology moat. The fixed-rate book gives the revenue line a predictability we value highly.”
Meridian Asset Management · Cornerstone investor
“The implied valuation looks sensible against UK fintech peers given the growth profile. Execution post-listing is the watch item, but management's track record is reassuring.”
Northgate Capital · Buy-side view
“I've been a Plata customer for years, so being able to own a piece of the business at the IPO is something I didn't want to miss. Registering took two minutes.”
Sarah M., retail investor · Registered interest
“Low cost-to-serve and a strong brand should support margins as rates normalise. We'd like more disclosure on cohort economics, addressed in the prospectus.”
Harbour Point Partners · Sector commentary
“Clear terms, a transparent price range and a straightforward way to apply through my broker. Exactly how a retail-friendly IPO should be run.”
James T., private investor · Registered interest
— now going public