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Post by p2plender on Nov 20, 2020 12:07:11 GMT
Ratesetter gets through covid/current economic situation with no investor losing money. Things begin to 'normalise' and then....
Metro spins off and floats Ratesetter?
Ratesetter AUS (Plenti) has IPOd and has settled after a choppy start. Still got it away with a whopping valuation..
Could be some stealth work by Metro here.
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beagle
Investor in ratesetter, funding circle, lendy (lesson learnt) and AC
Posts: 670
Likes: 322
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Post by beagle on Nov 20, 2020 16:05:38 GMT
Ratesetter gets through covid/current economic situation with no investor losing money. Things begin to 'normalise' and then.... Metro spins off and floats Ratesetter? Ratesetter AUS (Plenti) has IPOd and has settled after a choppy start. Still got it away with a whopping valuation.. Could be some stealth work by Metro here. might do, might do indeed. I would suspect it not and they use it as a lending engine. that said if they spin it off it could be very good. Question is P2P worth floating as an entity solely funded by metro and given metro is already floated. It is clear ratesetter is moving towards normal slowly with releases in 2 markets liquid and the others faster and faster. would be interesting 
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coogaruk
Hello everyone! Anyone remember me?
Posts: 703
Likes: 463
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Post by coogaruk on Nov 20, 2020 16:12:14 GMT
I think it's more likely that Metro Bank is now itself a takeover target.
As for P2P platforms standing alone and floating on the stock market, I think you can forget that idea. Will all be owned by the banks eventually.
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bt
Sir Bufton Tufton, Jean Paul Sartre Zippy, Bungle, Jeffrey Archer Andre Previn and the LSO Hello
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Post by bt on Nov 24, 2020 12:01:56 GMT
I wonder what Rhydian said ?
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beagle
Investor in ratesetter, funding circle, lendy (lesson learnt) and AC
Posts: 670
Likes: 322
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Post by beagle on Nov 25, 2020 9:36:16 GMT
I wonder what Rhydian said ? probably discussed scaling up and being absorbed by metro
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