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 – 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.

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

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

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, 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…)

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…)

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…)