DelfinGroup shares 2020 financial results

26.02.2021

mintosblog

The unaudited consolidated turnover of DelfinGroup for 2020 amounted to €23.6 million, the credit portfolio reached €34 million, and EBITDA increased to €9.5 million.

The group’s turnover in 2020 was up 8% and credit portfolio was up 9% on the year before. The consolidated EBITDA increased by 8% during the year. (more…)

Capitalia is about to exit Mintos

25.02.2021

mintosblog

Capitalia is one of the first lending companies that joined Mintos back in 2015. Ever since then, Capitalia has grown significantly and further developed its business model.   (more…)

After covering all obligations, five lending companies have exited the Mintos marketplace

25.02.2021

mintosblog

See comments on each company, as well as look back on the investment results.
(more…)

ExpressCredit Namibia expands its product offering on Mintos

23.02.2021

mintosblog

ExpressCredit Namibia now offers to invest in short-term loans with interest rates of up to 13.5% per year. This is an addition to the company’s existing instalment loan portfolio on the Mintos marketplace.   (more…)

Mogo Finance Group reports 2020 results

23.02.2021

mintosblog

The companies of the Mogo Finance Group generated €99.2 million in revenue last year, a 24% YOY increase, according to the Group’s unaudited financial results. EBITDA reached €45.8 million – the company shares this figure as a confirmation of the Group’s resilience in the pandemic caused global turbulence and creation of a stable foundation for sustainable business development in 2021. Mogo Finance Group has been profitable for five straight years, earning €1.7 million in profit (comprehensive income €15.5 million) in 2020. (more…)

Mintos resumes listing of new Sun Finance loans issued in Denmark

19.02.2021

mintosblog

Recently, Mintos made a decision to pause listing of new Sun Finance loans issued in Denmark. 

Following up on last week’s news, Sun Finance has submitted additional information to Mintos regarding the recent Statement by the Danish Consumer Ombudsman.  (more…)

Mintos temporarily pauses placing new Sun Finance loans issued in Denmark

12.02.2021

mintosblog

The Danish Consumer Ombudsman, an independent public authority that supervises compliance with Danish marketing law, has claimed that Capitolia ApS, the Sun Finance group company operating in Denmark with brands simbo.dk and kronelån.dk, has issued loans to borrowers in Denmark on unfair terms. The Consumer Ombudsman has informed Capitolia ApS that it will report the company to the police and has shared the news with the local press.  (more…)

Mogo Latvia launches public offering of its bonds

12.02.2021

mintosblog

Mogo Latvia today launched the public offering for bonds that will last from February 12 to February 25, 2021. The Financial and Capital Market Commission of Latvia has approved the Base Prospectus of 30 million Euro Bonds Programme of Mogo Latvia.   (more…)

IuteCredit will report unaudited results of 2020 on 18 February 2021

12.02.2021

mintosblog

IuteCredit Europe, a European personal finance group, cordially invites investors and analysts to an earnings call with the company’s Management Board on 19 February 2021, 10.00 CET, following the publication of its unaudited results of 2020 on 18 February 2021.  (more…)

You can now invest in short-term loans issued by IDF Eurasia

03.02.2021

mintosblog

We’re happy to announce that IDF Eurasia is expanding its loan offering on Mintos with payday loans.

Key takeaways

• Payday loans will be available with interest rates of up to 12.5% for loans listed in EUR, and up to 18% for loans listed in KZT
• In addition to a buyback obligation, payday loans will be secured by a pledge on the full payday loan portfolio
• The Kazakhstan market has grown 30% in 2020, despite a temporary decline due to the Covid-19 pandemic

(more…)

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