We continue working to become an Investment Firm and implementing the necessary changes.

One of the key changes will be the underlying setup of how investors invest in loans. In a regulated environment, investments in loans on Mintos will become investments in Notes – financial instruments backed by loans. We’re happy to tell you more about them.  (more…)

Following the first updates and follow-up updates, we’re now sharing new updates by the lending companies on Mintos on how their business is doing 6 months into the COVID-19 pandemic.

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IuteCredit Europe cordially invites investors and analysts to an earnings call with the Management Board on 30 October 2020, 10:00 CET, following the publication of its unaudited 9M 2020 results on 29 October 2020.  (more…)

ESTO, an Estonian lending company providing point of sale purchase financing and payments solution for its network of merchants, expands its offering on Mintos by adding credit lines with an expected net annual interest rate of 12% (loans in EUR). These credit lines will be listed as personal loans on Mintos. (more…)

Our team’s been hard at work developing the latest Mintos app release that comes with the usual optimizations, as well as some all-new features.  (more…)

Join the next Ask Mintos Anything call about funds in recovery – what’s the status of each suspended and defaulted lending company and the progress on recovering investors’ funds.  (more…)

• The Mintos Risk Score is a new risk grading model that evaluates investment opportunities on Mintos
• It will enhance the transparency and depth of insights for investors
• Besides the overall score, investors will see 4 additional subscores (loan portfolio performance, loan servicer efficiency, buyback strength and cooperation structure)
• Scores and subscores will be based on a completely numerical point-based model
• The Mintos Risk Score and updates of the existing ratings will be introduced in the second half of October 2020 Read more

Microfinance company OnlineKazFinance LLP (part of the IDF Eurasia group)  successfully placed its 2 year bonds on the Astana International Exchange (AIX).  The issue volume was up to US$ 7 million with a coupon of 9% per annum. The nominal value of one security is US$100, and payments are made on a quarterly basis. Freedom Finance JSC is the underwriter of the bonds. (more…)

On 30 September 30 2020, the subscription to the SIA DelfinGroup unsecured bond issue totalling € 3 500 000 was successfully completed. The annual coupon rate of the bonds is 12%, with a monthly coupon payment and a maturity date at 25 November, 2022. (more…)

Great news for investors on Mintos – Wowwo, a lending company from Turkey specializing in car loans, has launched a new cashback campaign. It’s valid from 28 September 2020 until 31 October 2020, and offers a 1% cashback on investments in all Wowwo loans. (more…)