Creditstar group completes € 18.33 million bond

01.07.2020

mintosblog

Creditstar Group is pleased to announce that it successfully issued and sold bonds in the total amount of EUR 18,33 million with maturities of 12 and 18 months. The proceeds were used to redeem maturing bonds and to finance loan portfolio growth across multiple markets. The bond issues were advised by independent investment banking company Redgate Capital.  (more…)

IDF Eurasia Kazakhstan reports record net income in 2019

19.06.2020

mintosblog

IDF Eurasia Kazakhstan businessTOO OnlineKazFinance (“Solva”, “We”, the “Group”, the “Company”)  Kazakhstan’s leading alternative, non-bank lending provider, today announces its IFRS financial results for twelve months ended 31 December 2019. (more…)

Dziesiatka Finanse loans suspended from the Primary and Secondary Markets

18.06.2020

mintosblog

Due to failing to make timely settlement payments for investors on Mintos, we have made a decision to suspend loans originated by the lending company Dziesiatka Finanse from the Primary and Secondary Markets on Mintos, until further notice.   (more…)

Varks commits to a repayment timeline to cover outstanding payments

12.06.2020

mintosblog

Finko AM (Varks), a part of Finko Group, has proposed a commitment to follow a repayment timeline to cover the amount due to investors on Mintos by the end of 2022.  (more…)

Update on recent Varks licence revocation and the situation in Armenia

12.06.2020

mintosblog

Comment by CEO of Finko Group, Janis Pizics for investors on Mintos:

As mentioned in the previous post, Armenia has been significantly affected by the Covid-19 pandemic and it has left a significant effect on the economy, as well as people’s ability to repay their debts.  (more…)

IuteCredit Group has covered all IuteCredit Kosovo outstanding loans due to investors on Mintos

12.06.2020

mintosblog

By Friday 12 June more than 32 000 Mintos investors have received payments in full for their outstanding investments in IuteCredit’s Kosovo loan portfolio.  (more…)

Some of the extended Akulaku loans will be moved to pending payments

12.06.2020

mintosblog

Due to the pandemic and the subsequent borrowers moratorium in Indonesia, Akulaku, along with other financial institutions, has been obliged to perform loan extensions for their customers.  (more…)

Peachy has repaid € 277 525 to investors on Mintos

11.06.2020

mintosblog

Peachy, a lending company that decided to discontinue business operation in the UK, has recently made a repayment of € 277 525 which has already been transferred to investors on Mintos. As of today, the company is still yet to repay € 837 967 in outstanding invested funds to Mintos investors, including pending payments.  (more…)

Cashwagon Philippines and Indonesia loans suspended from the Primary and Secondary Markets

10.06.2020

mintosblog

While Cashwagon so far is regularly forwarding borrower repayments from Philippines and Indonesia, the situation in Vietnam is affecting all of the Cashwagon group, and it has become unable to honor the buyback guarantee on its loans. Consequently, we have made a decision to suspend loans originated by Cashwagon’s partners Green Money Tree Lending Corp. Philippines and PEERMAN PTE. LTD. Indonesia from the Primary and Secondary Markets on Mintos until further notice. (more…)

Comment from Maxim Chernuschenko, CEO of Cashwagon, on the suspension

10.06.2020

mintosblog

Dear Mintos Investors!

We would like to issue the following statement regarding the recent media publications related to Cashwagon Co. Ltd. (“Cashwagon Vietnam” or the “Company”) being spread and discussed on social media and various forums among the Investor community: (more…)

Search

Important

Follow us