The 2020 pandemic produced, according to most experts, the deepest... Read more →
Moneda, a loan provider in the Republic of Bosnia and Herzegovina, has decided to exit the Mintos marketplace.
Due to recently lowered volumes of new loan issuance in the market of operation of Moneda the company has taken a decision that it will no longer need additional funding. (more…)
For a little over a year, Mogo has been issuing loans in the Republic of Kenya, and starting from today, will also offer these loans for investments on Mintos. Mogo Kenya offers to earn annual returns of up to 13% with car loans listed in € (EUR) on Mintos.
For a limited time, Mogo will offer up to 16% interest rate for its car loans issued in Kenya. This offer is valid until the end of 2020.
DoZarplati, a lending company from Russia present on Mintos since 2018, has changed its legal entity. Although this change won’t affect the company’s offering nor return rates on Mintos, we reached out with several questions to find out more.
Despite a challenging year and a slowdown of issuance at the beginning of the pandemic, Everest Finanse has found a way to maintain profitability by increasing revenue diversification from new lending and non-lending products. This allowed the company to increase their equity ratio above 49%, EBITDA is 12.3% for the first 3 quarters. (more…)
Kazakhstan’s leading alternative digital lending provider1 and one of IDF Eurasia’s entities, LLP OnlineKazFinance, has published its unaudited results for the 9 months (9m) of 2020: (more…)
Mogo group has moved forward with the acquisition plans for Tigo (Finitera North Macedonia) and Kredo (Finitera Albania). Mogo Finance has added both lending companies to its consolidated balance sheet while waiting for approval from the regulators of both countries. Yet to portray the actions taken by Mogo, both lending companies and their listed loans on the Mintos marketplace from now on will be shown as a part of Mogo group. (more…)
IuteCredit Europe (“ICE”) successfully placed a € 10 million tap issue of its Senior Secured Corporate Bonds 2019/2023 (XS2033386603) at 97% plus accrued interest. Settlement is expected to take place on 3 December 2020. The bonds will be listed on the Regulated Market (General Standard) of the Frankfurt Stock Exchange shortly after settlement, subject to final approval of the prospectus by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. (more…)
We’re happy to announce Kviku as the first company from Russia to offer Forward Flow to investors on Mintos.
Forward Flow is a new and unique product in the crowdlending market. A Forward Flow represents a commitment to invest in a set of pre-agreed underlying loans, at a predetermined rate for a given period of time. For the duration of the Forward Flow, investors receive weekly interest payments based on the performance of these underlying loans. (more…)
Mogo Finance, a leading used car financing company, published its unaudited results for the nine months of 2020. In this period the company has reached a record EBITDA that increased by 8.3% to €24.7 million. In the third quarter, the company has demonstrated full recovery of sales, growing revenue by 16.3% to €64.9 million. By consistently focusing on the most profitable and highest-ROI developed markets, Mogo has also optimized its portfolio. (more…)