Updated: new Mintos investment strategies creating more choice for investors

09.09.2020

mintosblog

9 September 2020

Since the launch of the new strategies on 13 August, we’ve received and taken into account the feedback from many investors, and we’re introducing 2 updates:

  • We’ve increased the quality standard for the Conservative strategy by allowing the algorithm to invest only in loans issued by lending companies that have B+ or higher ratings. The lending companies rated with B and B- are not included in this strategy anymore. If your strategy invested in B or B- loans, you can…

How we deal with Loan Originator issues and recovery of investor funds

07.09.2020

mintosblog

In our previous article on due diligence, we explained the checks and vetting processes we carry out on Loan Originators and their loans – before and after joining the Mintos platform – to ensure they meet the highest standards of responsible, compliant and sustainable operations. Even with our careful precautions and high demands on their performance, unforeseen circumstances – such as the unprecedented impact that COVID-19 is having on the economy – can lead to Loan Originators facing difficulties in fulfilling their obligations towards investors on Mintos. In these cases, recovering investors’ money is…

Our due diligence process for onboarding Loan Originators

07.09.2020

mintosblog

Before a Loan Originator can offer loans on Mintos, we carry out a series of due diligence reviews and checks to find out if they’re suitable for our platform. These checks are the most important aspect of our onboarding process for new Loan Originators, since many investors measure risk based on knowledge of previous loan performance or the profile of the Loan Originator themselves.   (more…)

Takeaways from the AMA (Ask Mintos Anything) with the Mintos CEO Martins Sulte, August 2020

04.09.2020

mintosblog

The most recent AMA (Ask Mintos Anything) with the Mintos CEO Martins Sulte was live-streamed on 28 August 2020. We’re sharing the summary of key takeaways from the most upvoted topics addressed during the 70-minutes long conversation in which Martins replied to around 40 questions from investors.  (more…)

Introducing personalized information on amounts in recovery

04.09.2020

mintosblog

Key takeaways

  • Mintos will introduce a dashboard with personalized information about funds in recovery
  • Investors can see their exposure for each lending company

(more…)

AML: What is Anti-Money Laundering and why does it matter?

31.08.2020

mintosblog

Money-laundering is a criminal process that allows illegally-earned money to enter society’s mainstream cash flow. Given that regulations to uphold anti-money laundering (AML) are attached to financial products and services around the world, the international community is clearly in agreement about the threat that money laundering poses to the global economy. This article explains why, and what we can do to prevent it.

(more…)

Update: Investors will earn interest on pending payments

31.08.2020

mintosblog

31 August, 2020

Recently, there have been many cases when lending companies had to pay interest on pending payments despite transferring money on time. This happens due to bank transfers sometimes taking up to 3 days, usually because of a lending company being located outside the European Union. 

To address this, from now on, pending payment interest will be calculated from day 11, instead of day 8 as it has been up until now.

Please note: only the interest period will change. The settlement payments will still be due on day 8 (after the…

Performance overview: New Mintos strategies in the first 10 days since the launch

28.08.2020

mintosblog

Based on investors’ expectations and suggestions about Invest & Access, we recently developed new investment strategies on Mintos. Basic functionalities were inspired by the most common habits of investors when they create their Auto Invest portfolios.  Invest & Access has been replaced by three new strategies that now offer more preferences for experienced and beginner investors alike: Diversified, Conservative and High-yield. Existing Invest & Access accounts were migrated into the strategy most similar to Invest & Access – Diversified.  (more…)

Mintos on the way to become a regulated marketplace for investing in loans

Mintos on the way to become a regulated marketplace for investing in loans

27.08.2020

mintosblog

Earlier this year, Mintos applied for the Investment Firm license as well as for an Electronic Money Institution license. Now, as we come closer to implementing various changes related to the anticipated licenses, we’re sharing more on how becoming a regulated marketplace will affect investors.  (more…)

Join the 28 August AMA (Ask Mintos Anything) with CEO Martins Sulte

21.08.2020

mintosblog

We are inviting you to join us for the upcoming live-stream session of “AMA (Ask Mintos Anything)” on Friday, 28 August 2020 at 11:00 CEST. As usual, Mintos CEO Martins Sulte will answer questions from Mintos investors and talk about the most popular Mintos-related topics.    (more…)

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