SIA DelfinGroup publishes unaudited financial statements for the first half of 2020

12.08.2020

mintosblog

In the first half of year 2020, the company’s turnover has increased by 7.3% compared to the corresponding period of year 2019, reaching € 10.9 million, while the profit reached € 2.03 million. (more…)

Lendo has completed its wind-down

31.07.2020

mintosblog

  • Lendo – a lending company of Finko Group – went into an orderly wind-down because of changes of legislation in Georgia.
  • As of 23 July 2020, Lendo has collected all repayments from outstanding loans and completed their transfer to investors on Mintos. The company has also fulfilled buyback where necessary and investors have received all their capital and interest.

(more…)

IuteCredit reports unaudited results for H1 2020

30.07.2020

mintosblog

IuteCredit reports its unaudited results for H1 2020 and reminds of the company’s earnings call, happening tomorrow, on 31 July 2020, at 10:00 CEST. Please note this call will not in any way be organized or monitored by Mintos.

Below, you can read the operational and financial highlights of the company’s report, as well as comments by the CEO of IuteCredit.  (more…)

DelfinGroup increases its share capital to € 4 million

30.07.2020

mintosblog

DelfinGroup, a company operating in Latvia under the Banknote, VIZIA, and Riga City Pawnshop brands, has decided to increase share capital to € 4 million.

(more…)

IuteCredit invites investors to earnings call on 31 July 2020

23.07.2020

mintosblog

IuteCredit Europe invites investors and analysts to an earnings call with the Management Board on 31 July 2020, 10.00 CEST, following the publication of its unaudited H1 2020 results on 30 July 2020.  (more…)

ID Finance Spain announces results for 1H2020 and invites to a webinar

20.07.2020

mintosblog

ID Finance Spain recently announced its financial results for the 6-month period to 30 June 2020 (1H2020): (more…)

Peachy has made another repayment of € 277 880 to Mintos investors

14.07.2020

mintosblog

Following its previous payment, Peachy is continuing to cover its obligations by repaying € 277 880 which has already been transferred to Mintos investors yesterday.  (more…)

Capital Service has entered a COVID-19 protection framework in Poland

13.07.2020

mintosblog

Capital Service, a lending company in Poland, has entered a creditor protection framework under the “Covid Shield Legislation 4.0”. You can see the official legislation act here (in Polish only). “Covid Shield Legislation 4.0” is a recently introduced project by the Sejm, the bicameral parliament of Poland.   (more…)

Mogo Finance acquires Sebo Credit SRL from Finko group

13.07.2020

mintosblog

Finko group is about to finalize the sale of Sebo Credit SRL, one of its entities operating in Moldova, to Mogo Finance group, one of the largest European used car finance groups.   (more…)

Kiva enters voluntary wind-down

08.07.2020

mintosblog

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…)

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