We are pleased to announce that non-bank credit lender Creamfinance will now offer short-term, unsecured consumer loans issued in the Czech Republic on the Mintos platform. This is great news for investors, who will have even more opportunities to diversify their investment portfolio.
The Mintos marketplace will host Creamfinance loans averaging from EUR 70 to 700 with a repayment deadline of 5 to 30 days. The annual net return to investors is expected to reach 11%.
Creamfinance already places loans issued in Georgia — both unsecured loans with single repayments, as well as consumer loans with multiple repayments — on the Mintos platform.
“High investor demand for Creamfinance loans was our main motivation for adding a new market to the Mintos platform. The Creamfinance Group highly values the trust investors have in us, therefore, we wanted to expand our offering of quality products to include short-term loans from our other countries,” emphasizes Creamfinance financial planning director, Georgijs Ustinovs.
Creamfinance has been in operation for four years, since the beginning of 2012. The company’s goal is to become the first business to lend to clients across the globe with just one click.