Following previous updates, we share news on the developments in the last month on each defaulted lending company and the recovery of invested funds. View the table for financial data and read comments on each lending company below.  (more…)

We have received a lot of feedback from investors about pending payments. While pending payments always were a part of normal business operations, before the Covid-19 crisis they usually settled on time and were hardly noticeable to investors. The recent increase is a new situation also for us, and we appreciate all the feedback we received from you. We heard you, and we want to share some improvements we’re making to increase transparency for investors.  (more…)

In this overview, we are taking a look at the current status of moratorium duration periods in the countries of lending companies on Mintos. We will address status only for the countries that had a type A moratorium or an imposed moratorium, as measures coming with this type of moratorium have limited duration periods. For some mentioned countries, these periods could be extended or finished, affecting the stream of borrowers’ repayments to lenders, or the ability to collect repayments for lending companies.   Read more

On 19 June 2020, we live-streamed the third AMA (Ask Mintos Anything) session with CEO Martins Sulte. In AMA sessions, Martins answers questions asked by Mintos investors and collected during the days prior to the live-stream.  (more…)

If you’ve ever heard the phrase, “it’s easier to hit a sitting duck than a moving target”, you’ll know that the same thinking can be applied to your investments. Diversification is an investment strategy that helps investors reduce their overall risk of getting ‘hit’ by a bad investment by spreading their money around.

So how does it work, and what does it look like in theory – or even in practice on Mintos.com? For anyone new to investing in loans, or for anyone simply looking to brush up on their investment knowledge, this guide breaks down the basics.

Ever wondered how loans progress over time, or what all these loan statuses mean? Let’s get right into it and look at the loan lifecycle and statuses in more detail. (more…)

We’re sharing the fourth update on the suspended lending companies on Mintos. View the table for financial data and read comments on each lending company below.

In this update, we’ve added an additional split for pending principal and interest, so you can see how much of the money comes from repayments, buybacks, and rebuys.  (more…)

With the latest Mintos Ratings update, we are introducing rating changes for 7 lending companies on Mintos and sharing status overviews for some specific cases on the marketplace. We are also removing the “Ratings Watch” status notification from the loan originators list, and it won’t be used anymore. Where applicable, this status notification will be substituted with a status “Suspended”.  (more…)

IuteCredit starts a gradual return to the Primary Market with new opportunities for investment in three markets – North Macedonia, Albania, and Moldova. The company temporarily withdrew from the Primary Market in March this year, as a consequence of sharp decrease in borrowers’ demand for new loans,  and uncertainty regarding the impact of COVID-19 on effective loan repayments from the customers, and the company’s profitability.    (more…)

Every year, at the end of June, there are bank holidays in Latvia due to the celebration of the summer solstice. 

We wanted to let you know that Mintos Investors Service will be available via email throughout the holidays (20-24 June). Please note that money transfers will be delayed as these days are bank holidays, too. 

We thank you for your understanding and wish you a great time this summer!  (more…)