Lending company Kiva has decided to initiate a wind-down of its business in Russia.  

Denis Rudenko, CEO of Kiva: “Following extensive analysis and forecast for the lending market in the Russian Federation, we have concluded on the lack of a future growth perspective in the market for Kiva and have decided to wind down the company.  (more…)

Recently launched in Russia, Kiva is a new loan originator joining Mintos this month and offering its short-term loans for investment in Euro (EUR).  (more…)

With the latest Mintos Ratings update, we are introducing rating changes for 7 lending companies on Mintos and sharing status overviews for some specific cases on the marketplace. We are also removing the “Ratings Watch” status notification from the loan originators list, and it won’t be used anymore. Where applicable, this status notification will be substituted with a status “Suspended”.  (more…)